ADARSH VIDYA NIKETAN,NAHAN vs. COMMISSIONER OF INCOME TAX(EXEMPTION), CHANDIGARH

आयकर अपीलीय अिधकरण,च"ीगढ़ "ायपीठ “ए” , च"ीगढ़ IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BENCH “A”, CHANDIGARH HEARING THROUGH: HYBRID MODE "ी लिलत कुमार, "ाियक सद" एवं "ी मनोज कुमार अ"वाल, लेखा सद" BEFORE: SHRI. LALIET KUMAR, JM & SHRI. MANOJ KUMAR AGGARWAL, AM आयकर अपील सं./ ITA No. 896 /Chd/ 2026 िनधा"रण वष" / Assessment Year : 2026-27 Adarsh Vidya Niketan बनाम The CIT(Exemption)

Naya Bazar Chowk, Nahan Chandigarh Himachal Pradesh-173001 "ायी लेखा सं./PAN NO: AABAA4400A अपीलाथ"/Appellant ""थ"/Respondent िनधा"रती की ओर से/Assessee by : Shri Varinder Bhatia, and Shri Ichhet Bhatia, Advocate राज" की ओर से/ Revenue by : Smt. Jai Shree Sharma, CIT, DR (Virtual Mode) सुनवाई की तारीख/Date of Hearing : 20/07/2026 उदघोषणा की तारीख/Date of Pronouncement : 03/08/2026 आदेश/Order PER LALIET KUMAR, J.M: The present appeal has been preferred by the assessee society against the order passed by the Ld. CIT (Exemptions), Chandigarh, whereby the application filed by the assessee under section 12AB(1)(ac)(ii) of the Income-tax Act, 1961 was rejected on the ground that the assessee had incurred substantial expenditure towards repair and renovation of a rented school building, thereby allegedl