https://www.taxtmi.com/caselaws?id=377917 The Tribunal allowed all appeals of the assessee for statistical purposes, setting aside the orders of the authorities below. It directed the Assessing Officer to reconsider the denial of exemption under section 11 in light of the granted registration under section 12AA. The Tribunal emphasized that the infrastructure fund issue should be reexamined, considering the assessee's entitlement to exemption under section 11 as a custodian of the funds for development activities. The matters were restored to the AO for fresh consideration in accordance with the law. en-us Wed, 03 Apr 2019 00:00:00 +0530 Thu, 04 Apr 2019 11:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377917 The Tribunal allowed all appeals of the assessee for statistical purposes, setting aside the orders of the authorities below. It directed the Assessing Officer to reconsider the denial of exemption under section 11 in light of the granted registration under section 12AA. The Tribunal emphasized that the infrastructure fund issue should be reexamined, considering the assessee's entitlement to exemption under section 11 as a custodian of the funds for development activities. The matters were restored to the AO for fresh consideration in accordance with the law. Case-Laws Income Tax Wed, 03 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377917