https://www.taxtmi.com/caselaws?id=363062 The Tribunal allowed the assessee's appeals, directing the AO to grant exemption under Sections 11 and 12 of the Income Tax Act. The Tribunal also instructed a reassessment of payments violating Section 13, providing the assessee a fair hearing opportunity. Previous decisions granting exemption in similar circumstances were considered, leading to the overturning of lower authorities' decisions on the exemption and reassessment issues. en-us Thu, 05 Jul 2018 00:00:00 +0530 Sat, 07 Jul 2018 08:16:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363062 The Tribunal allowed the assessee's appeals, directing the AO to grant exemption under Sections 11 and 12 of the Income Tax Act. The Tribunal also instructed a reassessment of payments violating Section 13, providing the assessee a fair hearing opportunity. Previous decisions granting exemption in similar circumstances were considered, leading to the overturning of lower authorities' decisions on the exemption and reassessment issues. Case-Laws Income Tax Thu, 05 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363062