https://www.taxtmi.com/caselaws?id=443589 The Tribunal allowed the appeal for statistical purposes, remanding the matter back to the Assessing Officer to re-examine the exemption claim of Rs. 93,20,286 under the principle of mutuality. The Tribunal emphasized that technicalities should not hinder substantial justice and directed the AO to consider relevant facts and precedents, providing the assessee with a proper opportunity of hearing before issuing a new order. en-us Wed, 31 May 2023 00:00:00 +0530 Thu, 28 Sep 2023 09:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443589 The Tribunal allowed the appeal for statistical purposes, remanding the matter back to the Assessing Officer to re-examine the exemption claim of Rs. 93,20,286 under the principle of mutuality. The Tribunal emphasized that technicalities should not hinder substantial justice and directed the AO to consider relevant facts and precedents, providing the assessee with a proper opportunity of hearing before issuing a new order. Case-Laws Income Tax Wed, 31 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443589