TMI Blog2018 (3) TMI 1933X X X X Extracts X X X X X X X X Extracts X X X X ..... g all the relevant material, the Tribunal has upheld the order of the first appellate authority in grant the benefit of section 11 to this extent. It is further a matter of record that the order of the Tribunal has been approved by the Hon'ble jurisdictional High Court [ 2017 (10) TMI 1584 - DELHI HIGH COURT] - In view of the foregoing facts, we are of the considered opinion that the ld. CIT( ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt of section 11(6) by holding such amendment to be prospective. We, therefore, uphold the impugned order on this score. - ITA No.5043/Del/2015 - - - Dated:- 23-3-2018 - SHRI R.S. SYAL, VICE PRESIDENT AND MS SUCHITRA KAMBLE, JUDICIAL MEMBER For the Assessee : Shri Amit Goel, CA For the Department : Ms Ashima Neb, Sr. DR ORDER PER R.S. SYAL, VP: This appeal filed by th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... iding the financial benefit to the persons specified u/s 13(3) of the Act. 3. On the facts and in the circumstances of the case and in law, the Ld. CIT(A) has erred in allowing the benefit of section 11 12 of the Act ignoring the provision of section 13(1) which provide that even if there is a single instance of violation of section 13(1), the trust will lose the exemption in respect of its en ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... risdictional High Court. A copy of such judgment of the Hon'ble High Court dated 30.10.2017 has been placed on record. In view of the foregoing facts, we are of the considered opinion that the ld. CIT(A) was right in granting the benefit of exemption u/s 11 to the extent impugned in the above three grounds. 4. The only other issue raised in this appeal through the remaining grounds is again ..... X X X X Extracts X X X X X X X X Extracts X X X X
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