2023 (5) TMI 489 - SCH - Income Tax

Denying exemption u/s 11 - violation of Section 13(1)(c) has been alleged is based mainly on the salary/remuneration paid to two trustees of the assessee - as per HC alleged breach of Section 13(1)(c) of the Act based on the factors is baseless, wholly untenable - HELD THAT - We have heard learned counsel for the petitioner. We do not find any good ground to interfere with the impugned judgment and order passed by the High Court. Accordingly, the Special Leave Petition is dismissed. Pending application(s), if any, stand disposed of.

Summary

Title: Supreme Court of India dismisses Special Leave Petition

- Citation: 2023 (5) TMI 489 - SC
- Justices: Mr. Justice Krishna Murari and Mr. Justice Ahsanuddin Amanullah
- Petitioner's Counsel: Mr. Raj Bahadur Yadav, AOR, Mr. Balbir Singh, A.S.G., and others
- Decision: Special Leave Petition dismissed, no grounds to interfere with High Court's judgment
- Pending applications disposed of