Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2023 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2023 (8) TMI 1449 - BOMBAY HIGH COURTExemption u/s 11 - denial of claim vide assessment order u/s 143(3) as Assessee-Trust had not furnished proper information to the Charity Commissioner and there was shortfall in making provision of Indigent Patients Fund (“IPF”) - Also Assessee-Trust had generated huge surplus and therefore, the intention of the trust was profit making as running a canteen in the hospital with profit motive and was not providing free meals - CIT(A) followed the orders of his predecessor for Assessment Years 2008-2009 and 2009-2010 and decided the issue in favour of Assessee which was upheld by ITAT - HELD THAT:- ITAT in the impugned order has also followed what its co-ordinate Bench held in its order [2016 (4) TMI 1307 - ITAT PUNE] for Assessment Years 2008-2009 and 2009- 2010. Since there was nothing on record before the ITAT (or even before us) that the order of ITAT dated 15th April 2016 has been set aside or overruled in any manner by the High Court, the ITAT found no reason to interfere with the order of CIT(A). Therefore, we also find no reason to interfere with the order of ITAT. Decided against revenue.
|