https://www.taxtmi.com/caselaws?id=377006 The Tribunal allowed the appeal, granting the assessee exemption under Section 10(23FB) of the Income Tax Act. It found the investments in mutual funds and debenture application money to be permissible under the trust deed and SEBI regulations. Other issues, including alleged violations and double taxation concerns, were not addressed as the primary ground for exemption was upheld. The order was issued on 28th February 2019. en-us Thu, 28 Feb 2019 00:00:00 +0530 Wed, 20 Mar 2019 04:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377006 The Tribunal allowed the appeal, granting the assessee exemption under Section 10(23FB) of the Income Tax Act. It found the investments in mutual funds and debenture application money to be permissible under the trust deed and SEBI regulations. Other issues, including alleged violations and double taxation concerns, were not addressed as the primary ground for exemption was upheld. The order was issued on 28th February 2019. Case-Laws Income Tax Thu, 28 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377006