2025 (4) TMI 2130

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....essee : Dr. N. Suresh, CA For the Revenue : Smt. Nandini Das, CIT-DR ORDER PER WASEEM AHMED, ACCOUNTANT MEMBER: This appeal filed by the assessee is against the order passed by the NFAC, Delhi dated 02/09/2024 vide DIN No. ITBA/NFAC/S/250/2024-25/1068243740(1) for the assessment year 2017-18. 2. The only interconnected issue raised by the assessee is that the learned CIT(A) erred in....

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....ed the benefit of exemption claimed by the assessee under section 11 of the Act and assessed the income at Rs.16,60,27,621 only, vide order dated 27 December 2019. On appeal, the learned CIT(A) confirmed the order of the AO. 4. Being aggrieved by the order of the learned CIT(A), the assessee is in appeal before us. 5. The learned AR before us submitted that the requirement for filing the ret....

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....om Assessment Year 2018-19 onwards. This position is clearly clarified by CBDT Circular No. 2/2018, dated 15.02.2018, which states: "The amendment to Section 12A(1) by insertion of clause (ba) shall apply in relation to the assessment year 2018-19 and subsequent years. " 8. In the case of United Education Society v. ITO (2019) 107 Taxmann.com 127 (Delhi Trib.), the Delhi Bench of the T....