The ITAT held that the disallowance of exemption claimed u/s ...

Exemption claim denied due to clerical error in tax return. Tribunal orders fresh review. Assessee to be heard before decision.

Case Laws Income Tax

June 12, 2024

The ITAT held that the disallowance of exemption claimed u/s 10(23C)(vi) due to a clerical error in the income tax return was improper. The order u/s 154 by CPC violated natural justice by not allowing the assessee a hearing. The CIT(A) should have decided the appeal on merits. The ITAT set aside the CIT(A)'s order and remanded the matter for fresh adjudication. The CIT(A) must verify the exemption claim, grant relief if valid, and ensure the assessee's right to be heard before issuing a new order.

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The ITAT held that the disallowance of exemption claimed u/s ...

Exemption claim denied due to clerical error in tax return. Tribunal orders fresh review. Assessee to be heard before decision.

Case Laws Income Tax

June 12, 2024

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