https://www.taxtmi.com/caselaws?id=780565 ITAT set aside the CIT(A) order and restored the matter for fresh adjudication, holding that denial of exemption u/s 10(26AAB) and refusal of rectification required reconsideration. Tribunal noted absence of Form 10B was material but past years' orders accepted the exemption; CPC's processing error and failure to examine allowable expenditures rendered the assessment incorrect. The assessee is granted an opportunity to file Form 10B, accounts and supporting evidence; AO/CIT(A) to re-adjudicate merits in accordance with law. Appeal is allowed for statistical purposes. en-us Thu, 09 Oct 2025 00:00:00 +0530 Sat, 01 Nov 2025 08:17:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780565 ITAT set aside the CIT(A) order and restored the matter for fresh adjudication, holding that denial of exemption u/s 10(26AAB) and refusal of rectification required reconsideration. Tribunal noted absence of Form 10B was material but past years' orders accepted the exemption; CPC's processing error and failure to examine allowable expenditures rendered the assessment incorrect. The assessee is granted an opportunity to file Form 10B, accounts and supporting evidence; AO/CIT(A) to re-adjudicate merits in accordance with law. Appeal is allowed for statistical purposes. Case-Laws Income Tax Thu, 09 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780565