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2021 (2) TMI 270 - AT - Income TaxExemption u/s 11 - Denial of exemption as receipts are on account of franchisee fee and the same are in the nature of business income within the meaning of provisions of sub-section 4A of section 11 - HELD THAT:- At the time of hearing before us, both sides have agreed that the issues in dispute in this appeal are covered in favour of the assessee by the aforesaid order [2019 (8) TMI 1635 - ITAT NEW DELHI] in assessee’s own case. Neither side has brought any facts and circumstances of this year on any of the issues in dispute to distinguish from the facts and circumstances of earlier Assessment Year - we decide all the issues in dispute in this appeal; in favour of the assessee and against Revenue. All the grounds of appeal are dismissed.
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