https://www.taxtmi.com/caselaws?id=771430 ITAT Indore allowed assessee's appeal regarding denial of exemption under section 10(23C)(vi) for AY 2017-18. The tribunal held that the amendment requiring mandatory filing of return under section 139(4C) for claiming exemption was applicable only from AY 2023-24, not for AY 2017-18 under consideration. Lower authorities incorrectly denied exemption based on non-filing of return. Assessee provided justification for non-filing which department could not controvert. Tribunal directed AO to allow exemption as per CIT(E) approval dated 10.08.2018 after necessary verification. en-us Tue, 06 May 2025 00:00:00 +0530 Mon, 26 May 2025 08:52:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771430 ITAT Indore allowed assessee's appeal regarding denial of exemption under section 10(23C)(vi) for AY 2017-18. The tribunal held that the amendment requiring mandatory filing of return under section 139(4C) for claiming exemption was applicable only from AY 2023-24, not for AY 2017-18 under consideration. Lower authorities incorrectly denied exemption based on non-filing of return. Assessee provided justification for non-filing which department could not controvert. Tribunal directed AO to allow exemption as per CIT(E) approval dated 10.08.2018 after necessary verification. Case-Laws Income Tax Tue, 06 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771430