2014 (4) TMI 1150 - SCH - Income Tax

Charitable purpose u/s 2(15) - Income from property held for charitable or religious purposes - whether the provisions of Section 11(4A) were attracted to the assessee s case - as decided by HC 2012 (11) TMI 429 - DELHI HIGH COURT the provisions of Section 11(4A) are not attracted to the present case and a remand to the Assessing Officer for finding out whether the activities were incidental to the objectives of the trust and separate books of accounts were maintained for such business was unnecessary - Held that - Hon ble Supreme Court granted leave on SLP filed by the department

Summary

The Supreme Court granted leave in the case with citation 2014 (4) TMI 1150 - SC. Justices R.M. Lodha and Kurian Joseph were presiding. Counsel for the petitioner was Gourab Banerji, ASG Ashok K. Srivastava, Adv. Sahil Tagotra, and Mrs. Anil Katiyar. Counsel for the respondent was C.S. Aggarwal, Sr. Adv. Bhargava V. Desai Adv., and Ms. Shreyas Mehrotra.