On account of the inordinate delay on the part of the Commissioner in granting approval to the assessee filed the return claiming exemption for the AY. 2016-17, however the CIT(E) has granted exemption from the AY. 2017-18 onwards. Tribunal held that, the CIT(E) was not justified in refusing the approval for the AY. 2016-17. (AY. 2016–2017)
C. M. Public School v. CIT (2018) 64 ITR 573 (Chd.)(Trib.)
S. 10(23C) : Educational institution-Delay in disposal of application-Exemption cannot be denied for the AY. 2016-17 [S.10(23C)(vi)]