https://www.taxtmi.com/caselaws?id=443801 The Tribunal upheld the CIT (A)'s decision in favor of the assessee, allowing exemption under Section 10(23EC) for contribution income. It emphasized the eligibility of the assessee for the claimed exemptions, highlighting the absence of restrictions on dual exemptions before April 1, 2024. The Tribunal dismissed the revenue's arguments and appeals, affirming the assessee's entitlement to exemptions. Consequently, the Tribunal dismissed the Assessing Officer's appeal and the assessee's cross objections for all three assessment years, ruling in favor of the assessee. en-us Fri, 22 Sep 2023 00:00:00 +0530 Tue, 03 Oct 2023 08:39:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443801 The Tribunal upheld the CIT (A)'s decision in favor of the assessee, allowing exemption under Section 10(23EC) for contribution income. It emphasized the eligibility of the assessee for the claimed exemptions, highlighting the absence of restrictions on dual exemptions before April 1, 2024. The Tribunal dismissed the revenue's arguments and appeals, affirming the assessee's entitlement to exemptions. Consequently, the Tribunal dismissed the Assessing Officer's appeal and the assessee's cross objections for all three assessment years, ruling in favor of the assessee. Case-Laws Income Tax Fri, 22 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443801