https://www.taxtmi.com/caselaws?id=435227 The Revenue's appeal against the Commissioner of Income Tax (Appeals) order regarding exemption u/s 11 of the Income Tax Act was dismissed. The appellate court upheld the decision allowing the appeal filed by the assessee, noting rectifications made by the Assessing Officer nullifying the demand created earlier. Despite the Revenue's challenge, the deletion of the addition was upheld as the rectification was accepted by the Department. The outcome favored the assessee, and the Revenue's appeal was ultimately dismissed on 13/03/2023. en-us Mon, 13 Mar 2023 00:00:00 +0530 Wed, 15 Mar 2023 08:27:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435227 The Revenue's appeal against the Commissioner of Income Tax (Appeals) order regarding exemption u/s 11 of the Income Tax Act was dismissed. The appellate court upheld the decision allowing the appeal filed by the assessee, noting rectifications made by the Assessing Officer nullifying the demand created earlier. Despite the Revenue's challenge, the deletion of the addition was upheld as the rectification was accepted by the Department. The outcome favored the assessee, and the Revenue's appeal was ultimately dismissed on 13/03/2023. Case-Laws Income Tax Mon, 13 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435227