https://www.taxtmi.com/caselaws?id=444684 The Tribunal allowed the appeal for AY 2012-13, ruling that the implementation of section 263 was beyond jurisdiction as Rule 2BBB was not applicable, thus upholding the exemption under section 10(23C)(vi). For AY 2015-16, the Tribunal set aside the order of the ld. CIT(A) and remitted the case for fresh consideration, as the appeal was rejected without merit assessment. For AY 2016-17, the Tribunal remitted the matter back to the ld. CIT(A) for further adjudication, considering a CBDT circular extending the time for filing the Audit Report in Form No. 10BB. en-us Tue, 20 Jun 2023 00:00:00 +0530 Fri, 20 Oct 2023 17:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444684 The Tribunal allowed the appeal for AY 2012-13, ruling that the implementation of section 263 was beyond jurisdiction as Rule 2BBB was not applicable, thus upholding the exemption under section 10(23C)(vi). For AY 2015-16, the Tribunal set aside the order of the ld. CIT(A) and remitted the case for fresh consideration, as the appeal was rejected without merit assessment. For AY 2016-17, the Tribunal remitted the matter back to the ld. CIT(A) for further adjudication, considering a CBDT circular extending the time for filing the Audit Report in Form No. 10BB. Case-Laws Income Tax Tue, 20 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444684