Case Law Details
Hindi Sahitya Sammelan Vs Chief Commissioner of Income Tax (ITAT Allahabad)
ITAT Allahabad held that while rejecting the application for grant of approval u/s 10(23C)(vi) CCIT has not dealt with all the aspects in a comprehensive manner and hence the matter restored back for passing detailed and exhaustive order.
Facts-
The only question which has arisen here is that whether the assessee, Hindi Sahitya Sammelan, is entitled for exemption u/s 10(23C)(vi) of the Income Tax Act.
Assessee stated that earlier they were getting exemption u/s. 10(22) of the 1961 Act, and both Section 10(22) and Section 10(23C) (vi) of the Act are analogous. It was submitted that Hon’ble Allahabad High Court remanded the matter back to ld. CCIT for considering grant of exemption u/s 10(23C)(vi) of the 1961 Act. It was submitted by ld. Counsel for the assessee that the assessee is duly registered u/s 12A of the 1961 Act . It was submitted that now after amendment in the 1961 Act , the assessee is eligible for exemption u/s 10(23C)(vi) .
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Author Bio
