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TMI Blog2017 (9) TMI 1232X X X X Extracts X X X X X X X X Extracts X X X X ..... ons? - Held that:- A reading of Section 11 shows that subject to the provisions of Sections 62 and 63, the incomes enumerated therein shall not be included in the total income of the previous year of the person in receipt of the income. The person in receipt of the income, insofar as these cases are concerned, is the respondent assessee. One of the income that is enumerated in clause (d) of su ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... :- 22-8-2017 - Antony Dominic And Dama Seshadri Naidu, JJ. For the Petitioner : Sri Christopher Abraham, Income Tax Department For the Respondent : Sri. K. Srikumar (SR.) JUDGMENT Antony Dominic,J. In these appeals filed by the Revenue concerning the assessment years 2007-2008, 2008-2009, 2009-2010 and 2012-2013, the common questions of law framed for the consideration of t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t to be noted are that the assessee, a charitable institution, entitled to exemption under Section 11 of the Income Tax Act. Such exemption is subject to the conditions prescribed therein. During the assessment years in question, it was found that on the voluntary contributions that were received by the assessee, interest was earned and the income earned on the contributions were added by the asse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sions of Sections 62 and 63, the incomes enumerated therein shall not be included in the total income of the previous year of the person in receipt of the income. The person in receipt of the income, insofar as these cases are concerned, is the respondent assessee. One of the income that is enumerated in clause (d) of sub-Section (1) of the Section is the income in the form of voluntary contributi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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