Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2017 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (11) TMI 1049 - AT - Income TaxApplication under section 10(23C)(iv) rejected - Held that:- After recording all the facts and the contentions of the assessee in the light of the orders referred and held that the activities of the assessee are covered under section 2(15) of the Act under the sixth limb and that the assessee is eligible for exemption under section 11(1) of the Act. There is no change of circumstances since the date of the order of the hon'ble High Court and also from the facts relevant to the assessment years 2009-10 and 2010-11. In the circumstances, while respectfully following the order of the hon'ble jurisdictional High Court and also in view of the fact that the learned Commissioner of Income-tax (Appeals) granted relief in respect of the assessment years 2009-10 and 2010-11 also, we find no legal infirmity in the order of the learned Commissioner of Income-tax (Appeals) and we confirm the same - Decided against revenue.
|