https://www.taxtmi.com/caselaws?id=361265 The Tribunal partially allowed the Revenue's appeal, directing the CIT(A) to re-adjudicate the issues concerning exemptions under Sections 11 and 10(21) while upholding the disallowance of loan repayment as an application of income. The Tribunal emphasized the necessity of providing the Assessing Officer an opportunity to comment on additional grounds and ensuring compliance with relevant rules and legal precedents in tax matters. en-us Wed, 30 May 2018 00:00:00 +0530 Mon, 04 Jun 2018 08:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361265 The Tribunal partially allowed the Revenue's appeal, directing the CIT(A) to re-adjudicate the issues concerning exemptions under Sections 11 and 10(21) while upholding the disallowance of loan repayment as an application of income. The Tribunal emphasized the necessity of providing the Assessing Officer an opportunity to comment on additional grounds and ensuring compliance with relevant rules and legal precedents in tax matters. Case-Laws Income Tax Wed, 30 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361265