Exemption u/s 11 - Tribunal while allowed the exemption held ...

Case Laws Income Tax

November 17, 2020

Exemption u/s 11 - Tribunal while allowed the exemption held that the proviso to Section 2(15) is not applicable to assessee - ITAT observed that, profit making is not the driving force or objective of the assessee. - The order passed by the Tribunal is based on the meticulous appreciation of materials on record and by no stretch of imagination can be said to be perverse. - HC

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Exemption u/s 11 - Tribunal while allowed the exemption held ...

Case Laws Income Tax

November 17, 2020

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