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2019 (1) TMI 115 - HC - Income TaxCharitable activities - exemption under Section 11 denied - violation of Section 11(5) r.w.s. 13(1(d) - whether the Assessing Officer was right in totally rejecting the claim of exemption under Section 11 of the Act on the ground that the assessee had violated the provisions of Section 11(5) read with Section 13(1)(d)? - Held that:- The Tribunal ought to have applied the decision in the case of Working Women’s Forum [2014 (8) TMI 681 - MADRAS HIGH COURT] and accordingly should have restricted the denial of exemption only to that portion of the investments, which were made by the assessee in violation of Section 11(5) of the Act. For the above reasons, the appeal filed by the assessee is allowed, the orders passed by the Tribunal, the CIT (A) and the Assessing Officer are set aside and the substantial questions of law are answered in favour of the assessee.
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