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2024 (4) TMI 502 - SCH - Income TaxDemand raised during the pendency of appeal before this court - denial of Exemption u/s 13A to Political party registered as such under Section 29A of the Representation of People Act, 1951 - whether Assessee INC is a political party registered under the RP Act and satisfies the description of a 'political party' for the purpose of Section 13A of the Income Tax Act, 1961? - HC [2016 (3) TMI 879 - DELHI HIGH COURT] held that ITAT was correct in law in holding that the audited accounts filed by the INC before the CIT (A) could not be accepted as evidence since they were not audited till the assessment was framed and, therefore, the INC was not entitled to exemption u/s 13A of the Act and denying exemption to the INC u/s 13A of the Act and refusing to condone the delay that had occurred in the audit of some of the state units as INC failed to fulfil the three conditions envisaged under clauses (a), (b) and (c) of Section 13A of the Act. HELD THAT:- In view of the submission by way of a concession made by the respondent, no coercive action of any nature shall be taken against the appellant(s) till the next date of hearing. The aforesaid concession made by the learned Solicitor General on behalf of the respondent/Department is without prejudice to all rights and contentions that it may have as against the appellant(s) herein and vice versa. Hence, list these appeals including this application on 24.07.2024.
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