https://www.taxtmi.com/caselaws?id=798947 For AY 2016-17, filing a return under section 139(4C)(e) was an obligation for specified educational institutions exceeding the prescribed income threshold, but was not a condition precedent to exemption under section 10(23C). The Twentieth Proviso, effective from 1 April 2023, expressly links return filing to exemption only for entities under section 10(23C)(iv), (v), (vi) and (via), not institutions under sub-clauses (iiia) or (iiiab). In the absence of any failure to meet substantive exemption conditions, non-filing of the return alone did not justify denial of exemption; the exemption was granted and the interest-income addition deleted. en-us Wed, 15 Jul 2026 00:00:00 +0530 Tue, 15 Sep 2026 08:31:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798947 For AY 2016-17, filing a return under section 139(4C)(e) was an obligation for specified educational institutions exceeding the prescribed income threshold, but was not a condition precedent to exemption under section 10(23C). The Twentieth Proviso, effective from 1 April 2023, expressly links return filing to exemption only for entities under section 10(23C)(iv), (v), (vi) and (via), not institutions under sub-clauses (iiia) or (iiiab). In the absence of any failure to meet substantive exemption conditions, non-filing of the return alone did not justify denial of exemption; the exemption was granted and the interest-income addition deleted. Case-Laws Income Tax Wed, 15 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798947