Exemption u/s. 10(23C)(iiiad) granted even in absence of approval u/s. 12A

Smt. Ashrafi Devi Shiksha Samiti Vs ITO (ITAT Delhi) ITAT Delhi held that exemption under section 10(23C)(iiiad) of the Income Tax Act granted on the basis of provisional registration under section 10(23C)(i) of the Income Tax Act even in absence of approval u/s. 12A. Accordingly, appeal of assessee allowed. Facts- The appellant assessee, a Society registered under the Society Registered Act, 1860, running an educational institution. During the course of processing, AO show caused the assessee proposing adjustment/ addition of Rs.77,43,697/- on the reasoning that the assessee was not registere...