https://www.taxtmi.com/caselaws?id=776352 The ITAT Ahmedabad held that while the CIT(A) correctly upheld the procedural validity of the adjustment under section 143(1), it erred in not considering whether the income disallowed under section 10(23AAA) could be exempt under other provisions. The matter was set aside and remanded to the JAO to examine the assessee's alternate exemption claims under sections 10(25) or 10(38) read with section 2(38), allowing the assessee a fair opportunity to present evidence. The appeal was allowed for statistical purposes. en-us Wed, 06 Aug 2025 00:00:00 +0530 Thu, 07 Aug 2025 12:43:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776352 The ITAT Ahmedabad held that while the CIT(A) correctly upheld the procedural validity of the adjustment under section 143(1), it erred in not considering whether the income disallowed under section 10(23AAA) could be exempt under other provisions. The matter was set aside and remanded to the JAO to examine the assessee's alternate exemption claims under sections 10(25) or 10(38) read with section 2(38), allowing the assessee a fair opportunity to present evidence. The appeal was allowed for statistical purposes. Case-Laws Income Tax Wed, 06 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776352