https://www.taxtmi.com/caselaws?id=399651 The Court allowed the Writ Petition challenging the 2nd respondent's rejection of the petitioner's application for exemption under Section 10(23C)(vi) of the Income Tax Act for the assessment year 2019-2020. The Court criticized the 2nd respondent for misinterpreting the application and not exercising discretion, directing a fresh consideration of the application for the financial year 2018-2019 in the assessment year 2019-2020. No costs were awarded, and the 2nd respondent was instructed to reevaluate the application promptly by the end of December 2020, with related pending applications considered closed. en-us Thu, 01 Oct 2020 00:00:00 +0530 Wed, 03 Mar 2021 15:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399651 The Court allowed the Writ Petition challenging the 2nd respondent's rejection of the petitioner's application for exemption under Section 10(23C)(vi) of the Income Tax Act for the assessment year 2019-2020. The Court criticized the 2nd respondent for misinterpreting the application and not exercising discretion, directing a fresh consideration of the application for the financial year 2018-2019 in the assessment year 2019-2020. No costs were awarded, and the 2nd respondent was instructed to reevaluate the application promptly by the end of December 2020, with related pending applications considered closed. Case-Laws Income Tax Thu, 01 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399651