2013 (10) TMI 525

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..... llowed while arriving at the income available for application to charitable and religious purposes, since the income of the society should be computed on the basis of commercial principles - Following decision of DIRECTOR OF INCOME TAX VERSUS VISHWA JAGRITI MISSION [2012 (4) TMI 289 - DELHI HIGH COURT] - Decided against Revenue. - ITA No.890/Del/2013 - - - Dated:- 23-8-2013 - Diva Singh And T S .....

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..... assessee s favour by virtue of the order of the Tribunal in assessee s own case for the immediately preceding assessment year i.e 2008-09 where in ITA No. 2633/Del/2012 the appeal of the Revenue on identical ground was dismissed by the Tribunal vide order dated 09.08.2012. Copy of the said order was filed by the Ld. AR. It was further emphasized that the Co-ordinate Bench had relied upon the judg .....

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..... ive orders of the ITAT passed by Co-ordinate Benches on 09.08.2012 and 09.12.2011 (for 2008-09 and 2007-08 assessment year in ITA No- 2633/Del/2012 and ITA No-4427/Del/2011) wherein one of us (Ld. AM is a coauthor), we dismiss the departmental appeal respectfully following the orders of the Tribunal in assessee s own case which have relied upon the decision of the Jurisdictional High Court in Vish .....

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