https://www.taxtmi.com/caselaws?id=437766 The denial of exemption under section 10(23)(C)(iiiad) was overturned by the Tribunal after granting registration under section 12A to the society, making it eligible for exemptions under sections 11 and 12 of the Income Tax Act for the relevant assessment year. The denial of exemption under section 10(23)(C)(iiiad) became academic, and the appeal was allowed. Additionally, the Tribunal directed the tax authority to rectify the registration order, granting registration under section 12AA(2) with retrospective effect, further enabling the society to avail benefits under sections 11 and 12. The appeal of the assessee was ultimately allowed for statistical purposes. en-us Thu, 02 Mar 2023 00:00:00 +0530 Sat, 13 May 2023 09:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437766 The denial of exemption under section 10(23)(C)(iiiad) was overturned by the Tribunal after granting registration under section 12A to the society, making it eligible for exemptions under sections 11 and 12 of the Income Tax Act for the relevant assessment year. The denial of exemption under section 10(23)(C)(iiiad) became academic, and the appeal was allowed. Additionally, the Tribunal directed the tax authority to rectify the registration order, granting registration under section 12AA(2) with retrospective effect, further enabling the society to avail benefits under sections 11 and 12. The appeal of the assessee was ultimately allowed for statistical purposes. Case-Laws Income Tax Thu, 02 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437766