https://www.taxtmi.com/caselaws?id=415873 Recognised provident fund interest income qualifying for exemption under section 10(25)(ii) cannot be denied merely because the return uses an abbreviated entity name where the fund and its exempt status are identifiable from the record. Processing under section 143(1) is not intended to make a substantive disallowance on such a technical objection, particularly where no scrutiny notice under section 143(2) has been issued. On that basis, denial of the exemption and refusal to rectify the processing intimation under section 154 were treated as unsustainable, entitling the fund to the claimed exemption. en-us Thu, 18 Nov 2021 00:00:00 +0530 Thu, 16 Dec 2021 09:06:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415873 Recognised provident fund interest income qualifying for exemption under section 10(25)(ii) cannot be denied merely because the return uses an abbreviated entity name where the fund and its exempt status are identifiable from the record. Processing under section 143(1) is not intended to make a substantive disallowance on such a technical objection, particularly where no scrutiny notice under section 143(2) has been issued. On that basis, denial of the exemption and refusal to rectify the processing intimation under section 154 were treated as unsustainable, entitling the fund to the claimed exemption. Case-Laws Income Tax Thu, 18 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415873