https://www.taxtmi.com/caselaws?id=449536 ITAT Indore allowed appeals for statistical purposes regarding exemption under sections 11/12. The assessee, a government-owned society, was initially denied registration under section 12A by CIT(E) but later obtained approval effective from 1.4.2017 following ITAT direction. The assessee claimed exemption for preceding years 2016-17 and 2017-18. Following coordinate bench precedent, ITAT accepted that pending appeal proceedings satisfy section 12A(2) conditions. However, matters were remanded to AO for verification of condition (iii) regarding consistency of objects and activities, and if satisfied, to verify and allow section 11/12 exemption claims. en-us Thu, 26 Oct 2023 00:00:00 +0530 Wed, 14 Feb 2024 06:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449536 ITAT Indore allowed appeals for statistical purposes regarding exemption under sections 11/12. The assessee, a government-owned society, was initially denied registration under section 12A by CIT(E) but later obtained approval effective from 1.4.2017 following ITAT direction. The assessee claimed exemption for preceding years 2016-17 and 2017-18. Following coordinate bench precedent, ITAT accepted that pending appeal proceedings satisfy section 12A(2) conditions. However, matters were remanded to AO for verification of condition (iii) regarding consistency of objects and activities, and if satisfied, to verify and allow section 11/12 exemption claims. Case-Laws Income Tax Thu, 26 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449536