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2017 (7) TMI 1228

Entitled for exemption u/s 11 - Held that:- Assessing Officer has simply observed that Assessee, since engaged in business of manufacturing and sale of artificial limbs, is earning profit, but has completely ignored the fact that Assessee is a compan .....

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al question, has arisen in this appeal. Hence, appeal deserves to be dismissed at admission stage itself. - INCOME TAX APPEAL DEFECTIVE No. - 99 of 2015 - Dated:- 17-7-2017 - Hon'ble Sudhir Agarwal and Hon'ble Ravindra Nath Mishra-II, JJ. Cou .....

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ow (hereinafter referred to as 'Tribunal) in I.T.A. No.514/LKW/2014. 3. Assessing Officer had simply observed that Assessee M/s Artificial Limbs Manufacturing Corporation of India is engaged in business of manufacturing and sale of artificial lim .....

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observed that Assessee, since engaged in business of manufacturing and sale of artificial limbs, is earning profit, but has completely ignored the fact that Assessee is a company registered under Section 25 of Companies Act, 1956 as 'non-profit .....

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e dismissed at admission stage itself. 6. Dismissed accordingly. ORDER (C.M. Application No.90348 of 2015) 1. This is an application seeking condonation of delay in filing appeal. 2. Heard. 3. Cause shown is sufficient. 4. Delay in filing appeal is h .....

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