Upholding the claim of the assessee for exemption u/s 10(23C)(iiiae) of the Income Tax Act.


Quick Summary
The Income Tax Appellate Tribunal has upheld the claim for exemption made by the Sushila Birla Memorial Institute (SBMI) under Section 10(23C)(iiiae) of the Income Tax Act. SBMI, a registered trust, runs a special school for children with disabilities and provides medical aid through mobile vans in rural areas. The tribunal's decision covers assessment years 2013-14 and 2014-15.

Court :
ITAT Kolkata

Brief :
Both these appeals filed by the assessee are directed against separate but identical orders of the Learned Commissioner of Income Tax (Appeals)-25, Kolkata [hereinafter the “CIT(A)”], passed u/s. 250 of the Income Tax Act, 1961 (the ‘Act’), dated 06.08.2019 for the Assessment Years 2013-14 & 2014-15. As the issues arising in boththese appeals are common, for the sake of convenience, they are heard together and disposed off by way of this common order.

Citation :
ITA 2079/KOL/2019

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