https://www.taxtmi.com/caselaws?id=772519 ITAT Delhi allowed assessee's appeal regarding exemption u/s 10(23C)(iiiab). AO denied exemption claiming mandatory filing of return u/s 139(4C)(e) was required. ITAT held no such mandate exists in the statutory provisions and that filing return u/s 139(4C)(e) is not a mandatory condition for claiming exemption u/s 10(23C)(iiiab). The tribunal ruled assessee eligible for exemption, deleted the addition, and found AO and CIT(A) incorrect in disallowing the claim. en-us Wed, 14 May 2025 00:00:00 +0530 Mon, 09 Jun 2025 14:59:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772519 ITAT Delhi allowed assessee's appeal regarding exemption u/s 10(23C)(iiiab). AO denied exemption claiming mandatory filing of return u/s 139(4C)(e) was required. ITAT held no such mandate exists in the statutory provisions and that filing return u/s 139(4C)(e) is not a mandatory condition for claiming exemption u/s 10(23C)(iiiab). The tribunal ruled assessee eligible for exemption, deleted the addition, and found AO and CIT(A) incorrect in disallowing the claim. Case-Laws Income Tax Wed, 14 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772519