Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2015 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2015 (3) TMI 1314 - AT - Income TaxExemption under section 11 denied - non adherence to provisions of Bombay Public Trust Act - Held that:- On perusal of the orders of both the tax authorities, we notice that the CIT(A) has given a specific finding that the assessee has not violated any of the provisions of Bombay Public Trust Act and the AO has not pointed out that the assessee has violated the conditions prescribed in sec. 13 of the Income Tax Act. Under these set of facts, we do not find any reason to interfere with the decision of the ld. CIT(A). - Decided in favour of assessee.
|