Benefit of the provisions of Section 10 (23C)(iiiab) - There is ...

Case Laws Income Tax

April 5, 2021

Benefit of the provisions of Section 10 (23C)(iiiab) - There is a sweeping difference in according the any assessee to the provisions of Section 12AA and Section 10(23C)(iiiab). The conditions and requirements of registration under Section 12 AA and the conditions and prerequisites for the claiming the benefit u/ s 10(23C)(iiiab) differs. We also find that the assessee has been granted registration u/s 12 AA from the provisions of the Act and on going through the various judgments, we hereby hold that the assessee is not entitled to the benefit of Section 10(23C)(iiiab). - AT

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Benefit of the provisions of Section 10 (23C)(iiiab) - There is ...

Case Laws Income Tax

April 5, 2021

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