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2002 (3) TMI 4 - HC - Income Tax"1. Whether, the Tribunal is right in law in holding that the assessee is entitled to deduction under section 80L? - 2. Whether, Tribunal is right in law in holding that denial of exemption under section 11 should be restricted to the income arising from investments which are in contravention of the provisions of section 13(1)(d) of the Act and that the Income-tax Officer should re-examine the assessee's claim in the light of its decision in the case of Thuluva Vellala Association?" - As the assessee is entitled to exemption of its income under section 11 of the Act, there is no need to invoke section 80L of the Act. It is therefore unnecessary to answer the first question, as it does not survive for consideration.
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