Trust exemption under Section 10(23C)(via) allowed despite initial Form 10BB filing delay per CBDT Circular

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....ITAT dismissed revenue's appeal challenging CIT(A)'s allowance of exemption under Section 10(23C)(via) to assessee-trust. Revenue initially denied exemption due to non-filing of Form 10BB, but CIT(A) permitted the claim as Form 10BB was subsequently filed within timeframe prescribed by CBDT Circular No.16/2024 dated 18.11.2024. ITAT upheld CIT(A)'s decision, noting revenue failed to identify specific errors in the order. Assessee possessed provisional approval under Section 10(23C)(via) for assessment years 2022-2023 and 2024-2025 through order dated 30.09.2021, and requisite Form 10BB was properly filed. Revenue's appeal dismissed for lack of demonstrable error in lower authority's reasoning.....