https://www.taxtmi.com/caselaws?id=362342 The Tribunal allowed the appeal, directing the Ld. CIT(E) to grant approval from assessment year 2016-17 onwards under section 10(23C)(vi) of the Income Tax Act. The delay in approval led to the early claim of exemption by the appellant, which was deemed justified by the Tribunal. This case underscores the significance of timely approval processes to prevent complications and disputes, emphasizing the need for authorities to consider the circumstances leading to taxpayer actions. en-us Fri, 06 Apr 2018 00:00:00 +0530 Sat, 23 Jun 2018 08:34:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362342 The Tribunal allowed the appeal, directing the Ld. CIT(E) to grant approval from assessment year 2016-17 onwards under section 10(23C)(vi) of the Income Tax Act. The delay in approval led to the early claim of exemption by the appellant, which was deemed justified by the Tribunal. This case underscores the significance of timely approval processes to prevent complications and disputes, emphasizing the need for authorities to consider the circumstances leading to taxpayer actions. Case-Laws Income Tax Fri, 06 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362342