TMI Blog1986 (12) TMI 2X X X X Extracts X X X X X X X X Extracts X X X X ..... der : "Whether, on the facts and in the circumstances of the case, the Tribunal was justified in holding that the income from commission, subsidy from Government, admission fee, incidental charges, financial penalties and miscellaneous income is exempt under section 80P(2)(a)(i) of the Income-tax Act, 1961 ?" The Tribunal, while rejecting the reference application under section 256(1) of the A ..... X X X X Extracts X X X X X X X X Extracts X X X X
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