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2012 (12) TMI 135 - MADRAS HIGH COURTManufacture and sale of paper caps and rental income u/s 11 - educational and charitable purposes - held that:- With the finding of fact arrived at by the Officer that the primary purpose of the Trust was charitable in nature, in the face of Section 2(15) and Section 11(4A) read with Section 13(1)(bb) of the Income Tax Act, we have no hesitation in confirming the order of the Tribunal. Even though the Tribunal had not considered the issue as a final fact finding authority, with no disputes raised by the Revenue on the facts and on the facts admitted by the Assessing Officer, decided in favor of assessee.
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