Entitlement to exemption u/s 10(23C)(iv) r.w.s. 2(15) - assessee ...

Entity Denied Tax Exemption Due to Ineligibility u/s 10(23C)(iv) and Section 2(15); Consistency Principle Not Applied.

June 9, 2015

Case Laws Income Tax AT

Entitlement to exemption u/s 10(23C)(iv) r.w.s. 2(15) - assessee itself has entertained doubts about its exemption and filed a revised return, which itself shows that the assessee was not eligible for exemption - assessee is not entitled for exemption, therefore, the principle of consistency cannot be followed - AT

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Entitlement to exemption u/s 10(23C)(iv) r.w.s. 2(15) - assessee ...

Entity Denied Tax Exemption Due to Ineligibility u/s 10(23C)(iv) and Section 2(15); Consistency Principle Not Applied.

June 9, 2015

Case Laws Income Tax AT

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