Where separate books of accounts are not maintained by the assessee for providing separate service than exemption under sec 10(23C)(iv) is not available
Last updated: 17 January 2012
Court :
INCOME TAX APPELLATE TRIBUNAL
Brief :
The ld. Commissioner of Income — tax (Appeals), ! XXXIII, Mumbai [“ld. CIT (A)”], erred in not adjudicating the ground raised by the Appellant challenging the action of the Assessing Officer [“A.O.”] in reassessing the income of the Appellant by invoking the provisions of section 147 of the Income — tax Act, 1961 (“the Act”). The ld. CIT (A) erred in not adjudicating the alternative ground raised by the Appellant before her with respect to allowability of exemption under section 11 of the Act.
Citation :
The Asst Director of Income Tax (E) II (I) Mumbai(Appellant)Vs India ITME Society 76 Mittal Tower B Wing, 7thy Floor 210 Nariman Point - Mumbai 21 (Respondent)
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Shivani
Published in Income Tax
Views : 2306
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