Case Law Analysis
|Income Tax Appellate Tribunal
Return Filing Not Condition Precedent for Section 10(23C)(iiiad) Exemption Pre-2022 Amendment | AY 2020-21 : ITAT Agra
ITAT Agra held that a government polytechnic could claim Section 10(23C)(iiiad) exemption for AY 2020-21 without filing a Section 139(4C) return, as the filing condition was introduced only by the Finance Act 2022 amendment. The ruling confirms pre-amendment non-filing was not a condition precedent, aiding institutions that missed prior deadlines.