Court :
INCOME TAX APPELLATE TRIBUNAL
Brief :
In the facts and circumstances of the case and in law the learned CIT(A) has erred in directing the AO tog grant exemption u/s. 11 of the I.T Act to the assessee trust when the order dt. 31.12.2008 u/s. 12AA(3) of the Act has been appealed before the Hon’ble High Court u/s. 260A of the Act and is not conclusive at this point of time.
In the facts and circumstances of the case and in law the learned CIT(A) has erred in directing the AO to grant exemption u/s. 11 of the IT Act to the assessee when the status of the assessee that was held as “AOP” for the reasons as discussed in the assessment order was not challenged by the assessee
Citation :
A.C.I.T,CC-XXIII, Kolkata (APPELLANT) -Versus- M/s. Guru Nanak Educational Trust PAN: AAATG 6799C (RESPONDENT)
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