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Income Tax Appellate Tribunal, “A” BENCH KOLKATA
Before: Shri Sanjay Garg & Shri Girish Agrawal
order : February 08, 2024 आदेश / ORDER संजय गग�, �या�यक सद�य �वारा / Per Sanjay Garg, Judicial Member: The present appeal has been preferred by the assessee against the order dated 05.07.2023 of the National Faceless Appeal Centre [hereinafter referred to as the ‘CIT(A)’] passed u/s 250 of the Income Tax Act (hereinafter referred to as the ‘Act’).
The assessee in this appeal has agitated against the action of the lower authorities in denying the exemption claimed by the assessee u/s 10(25) of the Act.
The contention of the ld. counsel for the assessee has been that the assessee is a provident fund duly recognised by the Commissioner of Income Tax. However, the lower authorities have rejected the claim of the assessee for exemption u/s 10(25) of the Act on the ground that the assessee has not furnished recognition certificate issued by the Assessment Year : 2018-19 La Martiniere Provident Fund Commissioner of Income Tax. The ld. counsel has submitted that earlier the said certificate was not traceable, however, now the assessee has traced the said certificate, the copy of which has been placed at page 1 of paper book. The contents of which are reproduced as under: