“Section 10(47)”

Section References (mined)Section 10Section 10(47)7 judgments

DADASAHEB TIRODKAR SHAIKSHANIK ACADEMY,SINDHUDURG vs. ITOD EXEMPTION WARD, KOLHAPUR

In the result, appeal of the assessee is partly allowed

ITA 1016/PUN/2025[2017-18]Status: DisposedITAT Pune30 Jul 2025AY 2017-18

Section 10Section 10(21)Section 10(228)Section 10(24)Section 10(46)Section 10(47)Section 11Section 11(3)Section 13ASection 13B

nExemption under section 10(23FB)\n9g\nh\nExemption under section 10(24)\n9h\ni\nExemption under section 10(46)\n9i\nExemption under section 10(47)\n9j\n10\nAmount eligible for exemption under any clause, other than thosc at 8 and 9, of section 10\n10\n11\nIncome chargeable under section

L&T FINANCE HOLDINGS LIMITED (RENAMED AS L&T FINANCE LIMITED)[SUCCESSOR OF L&T INFRA CREDIT LIMITED],MUMBAI vs. DCIT, CIRCLE-2(2)(1), MUMBAI

In the result, the appeal of the assessee for AY 2021-22 is allowed for statistical purposes

ITA 1670/MUM/2024[2014-15]Status: DisposedITAT Mumbai28 Jan 2025AY 2014-15

Bench: Ms. Kavitha Rajagopal & Smt. Renu Jauhri

For Appellant: Shri Prashant JaiswalFor Respondent: Dr. K. R. Subhash

Section 10(47)Section 147Section 250Section 80J

IN THE INCOME-TAX APPELLATE TRIBUNAL “A” BENCH, MUMBAI BEFORE MS. KAVITHA RAJAGOPAL, JUDICIAL MEMBER & SMT. RENU JAUHRI, ACCOUNTANT MEMBER

L&T FINANCE HOLDING LIMITED(SUCCESSOR OF L&T FINANCE LIMITED NOW MERGED ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 2(2)1, MUMBAI

In the result, the appeal of the assessee for AY 2021-22 is allowed for statistical purposes

ITA 4863/MUM/2023[2021-22]Status: DisposedITAT Mumbai28 Jan 2025AY 2021-22

Bench: Ms. Kavitha Rajagopal & Smt. Renu Jauhri

For Appellant: Shri Prashant JaiswalFor Respondent: Dr. K. R. Subhash

Section 10(47)Section 147Section 250Section 80J

IN THE INCOME-TAX APPELLATE TRIBUNAL “A” BENCH, MUMBAI BEFORE MS. KAVITHA RAJAGOPAL, JUDICIAL MEMBER & SMT. RENU JAUHRI, ACCOUNTANT MEMBER

L & T INFRA CREDIT LIMITED(FORMERLY KNOWN AS L & T INFRA DEBT FUND LIMITED ),MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX (EXEMPTION)-1(1), MUMBAI

In the result, the appeal of the assessee for AY 2021-22 is allowed for statistical purposes

ITA 4136/MUM/2023[2017-18]Status: DisposedITAT Mumbai28 Jan 2025AY 2017-18

Bench: Ms. Kavitha Rajagopal & Smt. Renu Jauhri

For Appellant: Shri Prashant JaiswalFor Respondent: Dr. K. R. Subhash

Section 10(47)Section 147Section 250Section 80J

IN THE INCOME-TAX APPELLATE TRIBUNAL “A” BENCH, MUMBAI BEFORE MS. KAVITHA RAJAGOPAL, JUDICIAL MEMBER & SMT. RENU JAUHRI, ACCOUNTANT MEMBER

DCIT(E) 1(1) MUMBAI, MUMBAI vs. L AND T INFRA CREDIT LIMITED , MUMBAI

In the result, the appeal of the assessee for AY 2021-22 is allowed for statistical purposes

ITA 4085/MUM/2023[2017-18]Status: DisposedITAT Mumbai28 Jan 2025AY 2017-18

Bench: Ms. Kavitha Rajagopal & Smt. Renu Jauhri

For Appellant: Shri Prashant JaiswalFor Respondent: Dr. K. R. Subhash

Section 10(47)Section 147Section 250Section 80J

IN THE INCOME-TAX APPELLATE TRIBUNAL “A” BENCH, MUMBAI BEFORE MS. KAVITHA RAJAGOPAL, JUDICIAL MEMBER & SMT. RENU JAUHRI, ACCOUNTANT MEMBER

L & T INFRA DEBT FUND LTD.,MUMBAI vs. CIT (EXEMPTION), MUMBAI

In the result, appeal filed by the assessee is dismissed

ITA 809/MUM/2021[2016-17]Status: DisposedITAT Mumbai29 Sept 2022AY 2016-17

Section 10(47)Section 148Section 148ASection 263

institution. It filed its return of income for the year under consideration declaring NIL income, after claiming exemption of the entire income under section 10(47) of the I.T. Act. Under the provisions of section 10(47) of the Act, following type of income is fully exempted:- “any income ... filed this appeal before us. 4. Learned AR submitted that the CBDT has not prescribed any procedure for getting the assessee notified under section 10(47) of the Act and hence notification issued by the CBDT w.e.f. A.Y. 2018-19 should be deemed to apply retrospectively for earlier years including

L&T INFRA DEBT FUND LTD.,MUMBAI vs. CIT (EXEMPTION),, MUMBAI

In the result, the appeal is dismissed

ITA 1613/MUM/2020[2015-16]Status: DisposedITAT Mumbai20 May 2022AY 2015-16

Section 10(47)Section 143(3)Section 197Section 263Section 35

notification in the Official Gazette of India. Therefore, that is not just a procedural formality but a precondition for claiming the exemption under section 10(47) which clearly states the two conditions which have to be fulfilled, the first being that the fund is set up in accordance with ... having a certificate of registration from the RBI, as IDFC-NBFC does not in itself make the assessee eligible for claim under section 10(47). The assessee has to make an application, in the prescribed format, and then it is for the Central Government to verify whether all conditions