https://www.taxtmi.com/caselaws?id=778545 ITAT allowed the appeal, directing deletion of the demand and holding that exemption under s.10(23C)(iiiab) should have been granted. The Tribunal found the assessee was substantially government-financed and met statutory conditions; denial rested solely on an inadvertent filing in Form ITR-5 instead of the prescribed ITR-7. Given supporting audited accounts and grant orders, the mistake was deemed a bona fide technical error that could not defeat a substantive exemption, so the Assessing Officer's disallowance and the CIT(A)'s decision were set aside. en-us Tue, 16 Sep 2025 00:00:00 +0530 Thu, 18 Sep 2025 08:30:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778545 ITAT allowed the appeal, directing deletion of the demand and holding that exemption under s.10(23C)(iiiab) should have been granted. The Tribunal found the assessee was substantially government-financed and met statutory conditions; denial rested solely on an inadvertent filing in Form ITR-5 instead of the prescribed ITR-7. Given supporting audited accounts and grant orders, the mistake was deemed a bona fide technical error that could not defeat a substantive exemption, so the Assessing Officer's disallowance and the CIT(A)'s decision were set aside. Case-Laws Income Tax Tue, 16 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778545