https://www.taxtmi.com/caselaws?id=421295 The Appellate Tribunal overturned the denial of exemption under Section 12A of the Income Tax Act by the Ld. CIT (Exemptions), Hyderabad, in a case involving a University. The Tribunal found fault with the CIT's decision, emphasizing the University's charitable nature, compliance with statutory requirements, and historical tax exemptions. It directed the CIT to grant registration under Section 12A, ruling in favor of the assessee. The appeal was allowed, and the decision was issued on April 7, 2022. en-us Thu, 07 Apr 2022 00:00:00 +0530 Thu, 21 Apr 2022 08:33:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421295 The Appellate Tribunal overturned the denial of exemption under Section 12A of the Income Tax Act by the Ld. CIT (Exemptions), Hyderabad, in a case involving a University. The Tribunal found fault with the CIT's decision, emphasizing the University's charitable nature, compliance with statutory requirements, and historical tax exemptions. It directed the CIT to grant registration under Section 12A, ruling in favor of the assessee. The appeal was allowed, and the decision was issued on April 7, 2022. Case-Laws Income Tax Thu, 07 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421295