Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1985 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1985 (7) TMI 153 - ITAT DELHI-AExtract: .......iew that the learned CIT was not justified in taking the view that the rent charged from the Tea Co. was not adequate and that the ITO should make a fresh assessment after denying to the assessee Trust exemption under s. 11. The order of the ld. CIT under s. 263 is accordingly quashed. 12. In the result, the appeal filed by the assessee is allowed.
|