https://www.taxtmi.com/caselaws?id=441348 The Tribunal allowed the appeals for statistical purposes, directing the Assessing Officer to reassess the eligibility for exemption under Sections 11/12 in light of CBDT Circular No. 01/2015. The Tribunal emphasized verifying the entitlement for exemption under Sections 11/12, considering registration under Section 12AA and the pending status of the assessment as of 20.04.2017. The same principles were applied to the assessment year 2016-17. Both appeals for A.Y. 2015-16 and 2016-17 were allowed for statistical purposes, with directions for fresh assessment. en-us Fri, 17 Mar 2023 00:00:00 +0530 Mon, 07 Aug 2023 08:13:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441348 The Tribunal allowed the appeals for statistical purposes, directing the Assessing Officer to reassess the eligibility for exemption under Sections 11/12 in light of CBDT Circular No. 01/2015. The Tribunal emphasized verifying the entitlement for exemption under Sections 11/12, considering registration under Section 12AA and the pending status of the assessment as of 20.04.2017. The same principles were applied to the assessment year 2016-17. Both appeals for A.Y. 2015-16 and 2016-17 were allowed for statistical purposes, with directions for fresh assessment. Case-Laws Income Tax Fri, 17 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441348