Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2022 (5) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2022 (5) TMI 883 - AT - Income TaxExemption u/s 11 - assessee has paid a sum to Shaheed Baba Nihal Singh Charitable Hospital for medical relief and the AO has treated the said payment as the amount covered under section 13(1)(c) read with section 13(3) - funds of the society have been diverted and transferred to its sister society which is engaged in activities other than religious purposes. It has also been held by the AO that the income of the society has not therefore been applied towards religious purposes for which it was set up and, therefore, the utilization of funds of the assessee society have been held to be not for the purposes for which it was formed - HELD THAT:- Both the parties submitted that the similar issue had arisen earlier during the assessment year 2014-15 and the matter has travelled upto the Tribunal and the Coordinate Bench had an occasion to examine the said matter in [2019 (8) TMI 1819 - ITAT CHANDIGARH] and the matter has been set aside to the file of the Ld. CIT(A) to decide afresh after bringing all relevant facts on record. Thus the matter is set aside to the file of the Ld. CIT(A) to adjudicate the issue afresh as per law after providing reasonable opportunity to the assessee. Appeal of the assessee is allowed for statistical purposes.
|