https://www.taxtmi.com/highlights?id=88734 ITAT allowed the assessee's appeal for exemption u/s 10(23C)(vi) for AY 2017-18, determining that the amendment requiring return filing was not applicable during that assessment year. The tribunal found the department's denial of exemption incorrect, noting the assessee's justification for non-filing could not be effectively controverted. The ITAT directed the Assessing Officer to verify and grant the exemption, effectively overturning the lower authorities' decision and providing relief to the assessee based on the specific temporal applicability of the statutory amendment. en-us Mon, 26 May 2025 08:52:04 +0530 Mon, 26 May 2025 08:52:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=88734 ITAT allowed the assessee's appeal for exemption u/s 10(23C)(vi) for AY 2017-18, determining that the amendment requiring return filing was not applicable during that assessment year. The tribunal found the department's denial of exemption incorrect, noting the assessee's justification for non-filing could not be effectively controverted. The ITAT directed the Assessing Officer to verify and grant the exemption, effectively overturning the lower authorities' decision and providing relief to the assessee based on the specific temporal applicability of the statutory amendment. Highlights Income Tax Mon, 26 May 2025 08:52:04 +0530 https://www.taxtmi.com/highlights?id=88734