https://www.taxtmi.com/caselaws?id=445743 The Tribunal ruled in favor of the appellant, allowing the appeal and directing the Assessing Officer to grant the exemption under Section 11/12 of the Income Tax Act, 1961. The Tribunal found that the appellant met the conditions specified in the Finance Act amendments by filing the return under Section 139(4), thus qualifying for the claimed exemption. The Tribunal also highlighted the importance of adhering to principles of natural justice, noting the lack of a personal hearing and insufficient communication from the authorities. en-us Thu, 10 Aug 2023 00:00:00 +0530 Sat, 18 Nov 2023 08:39:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445743 The Tribunal ruled in favor of the appellant, allowing the appeal and directing the Assessing Officer to grant the exemption under Section 11/12 of the Income Tax Act, 1961. The Tribunal found that the appellant met the conditions specified in the Finance Act amendments by filing the return under Section 139(4), thus qualifying for the claimed exemption. The Tribunal also highlighted the importance of adhering to principles of natural justice, noting the lack of a personal hearing and insufficient communication from the authorities. Case-Laws Income Tax Thu, 10 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445743