https://www.taxtmi.com/caselaws?id=777147 ITAT set aside the lower orders and remanded the matter to the AO to verify whether the assessee holds a valid registration under s.12A and has complied with prescribed conditions (including filing of the audit report in Form 10B). If registration and conditions are satisfied, the AO is directed to allow exemption under s.12A. The tribunal also held that denial under s.10(23C) was not warranted where no claim was made and Form 10BB was therefore unnecessary. Appeal allowed for statistical purposes. en-us Fri, 22 Aug 2025 00:00:00 +0530 Mon, 25 Aug 2025 08:41:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777147 ITAT set aside the lower orders and remanded the matter to the AO to verify whether the assessee holds a valid registration under s.12A and has complied with prescribed conditions (including filing of the audit report in Form 10B). If registration and conditions are satisfied, the AO is directed to allow exemption under s.12A. The tribunal also held that denial under s.10(23C) was not warranted where no claim was made and Form 10BB was therefore unnecessary. Appeal allowed for statistical purposes. Case-Laws Income Tax Fri, 22 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777147