2025 passed by the Commissioner of Income Tax
(Exemption), Hyderabad (opposite party No.2) under Section
264 of the Income Tax Act, 1961 (for short, “the IT Act”)
pertaining Assessment Year 2016-17, whereby the revision
petition was rejected confirming the disallowance of claim
for exemption under Section 10(23C)(iiiad) in the
Assessment Order dated 11th January, 2024 passed by the
Assessment Unit, Income Tax Department, Faceless
Assessment, India for failure to file return of income under
Section 139 within due date.
