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2020 (6) TMI 824 - AT - Income TaxExemption u/s 11 - denying the benefits of Section 11 and 12 by invoking proviso to Section 2(15) r.w.s. 13(8) - accumulation of 15% - AO opined that the receipt describes above represent the activities carried out are in the nature of advancement of any other object of general public utility therefore same is covered by the proviso to section 2 (15) - assessee contended that it does have any business undertaking and the proceeds collected against services were utilized for the furtherance of it charitable objective - HELD THAT:- The issue involved in the case on hand has already been decided by this tribunal in the own case of the assessee [2019 (10) TMI 973 - ITAT AHMEDABAD] in its favour. As the issue involved has already been decided by this tribunal in the own case of the assessee in its favour. Accordingly we set aside the finding of the learned CIT(A) and direct the AO to allow the benefit of the exemption to the assessee under section 11 and 12 of the Act. Hence the ground of appeal of the assessee is allowed.
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