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2020 (3) TMI 505 - HC - Income TaxExemption u/s 11 - Charitable activity - running pharmacy store in the hospital and was selling drugs and medicines to the patients through this pharmacy store - HELD THAT:- Identical questions have been answered by this Court in favour of the assessee and against the revenue vide order passed in Pr. Commissioner of Income Tax (Exemption) vs. National Health and Education Society [2020 (3) TMI 178 - BOMBAY HIGH COURT] as held pharmacy store of the respondent was ancillary to the main object of running the hospital. Therefore, income accrued there from was incidental to the dominant object of the respondent i.e., running of the hospital. Thus, the assessing officer was not justified in treating the pharmacy store of the respondent as a separate business entity and to hold the surplus amount accrued there from as business income under Section 11(4A) of the Act. - Decided in favour of assessee.
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