ITAT upholds Exemption u/s 10(23C)(iiiab) Despite Late Filing and Incorrect Form Submission [Read Order]

The tribunal ruled that procedural delays and form choice did not disqualify the assessee from claiming the exemption

By Sneha Sukumaran Mullakkal - On November 2, 2024 12:45 pm - 2 mins read

ITAT - ITAT Kolkata - Section 10(23C)(iiiab) of Income Tax Act - Income Tax - Income Tax Act - Section 10(23C)(iiiab) of ITA - Taxscan

The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the exemption under section 10(23C)(iiiab) of the Income Tax Act,1961 despite late filing of the income tax return and the use of an incorrect form for submission. Haringhata Mahavidyalay,the appellant-assessee, contested the order dated October 30, 2023, from the Commissioner of Income Tax…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?

Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)

₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here