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Commissioner of Income Tax Exemption Versus Katha

Benefit of exemption under Section 11 - proof of charitable activity - Held that:- Both the CIT (A) as well as the ITAT have returned concurrent factual findings to the effect that notwithstanding the amount earned through publication or sale of books as noted above, the essential activity of the Assessee remained charitable in nature, viz., imparting education and relief to poor. The Court is not persuaded to hold that the above concurrent factual findings suffer from any perversity requiring i .....

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dated 28th November, 2016 passed by the Income Tax Appellate Tribunal ( ITAT ) in ITA No.4244/Del/2016 for the Assessment Year (AY) 2010-11. 3. The question sought to be urged by the Revenue in this appeal is whether the ITAT erred in upholding the order of the Commissioner of Income Tax (Appeals) [ CIT (A) ] whereby the Assessee was allowed the benefit of exemption under Section 11 of the Income Tax Act, 1961? 4. According to the Revenue, the case of the Assessee is covered by the proviso inse .....

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