This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Exemption u/s 10(23C) Can’t Be Denied if AO Fails to Notify Authority on Contravention
Case Law Details
- Case Name
- DCIT (Exemptions) Vs Mahindra International School Academy (ITAT Pune)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2013-2014
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
DCIT (Exemptions) Vs Mahindra International School Academy (ITAT Pune)
No denial of exemption u/s 10(23C) if AO failed to intimate prescribed authority about contravention of same
Conclusion: Where AO did not act as per the foregoing statutory stipulation intimating the prescribed authority about the contravention of the registration/ approval u/sec.10(23C); no assessment order regarding total income or loss; as the case may be could be made. Therefore, assessee-educational institution was eligible to claim exemption under section 10(23C)(vi).
Held: Assessee had claimed a tax exemption under S...
Author Info
