CPC Cannot Deny Section 10(23C)(iiiad) Exemption via Section 143(1) Adjustments ITAT Bangalore

Shivaganga Yoga Centre Vs ITO (Exemptions) (ITAT Bangalore)

Clerical Drop-Down Lapse Can’t Kill Exemption: ITAT Allows 10(23C)(iiiad) Claim, Quashes CPC Adjustment

The Bangalore SMC Bench of the ITAT allowed the appeal of a charitable trust and held that denial of exemption u/s 10(23C)(iiiad) merely for non-selection of a drop-down option / non-filing of Schedule IE-4 is unsustainable, as the issue is Please become a Premium member. If you are already a Premium member, login here to access the full content.