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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

DGIT(E) was not justified in denying the Assessee approval under ...


Denial of Tax Exemption u/s 10(23C)(vi) Overturned; Audit Report Submitted Before Final Rejection.

October 10, 2015

Case Laws     Income Tax     HC

DGIT(E) was not justified in denying the Assessee approval under Section 10(23C)(vi) on the ground that the audit report had not been furnished along with the application but had been furnished by the Assessee subsequently, prior to the rejection of the application. - HC

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