Exemption u/s 11 - Proof of charitable object u/s 2(15) - Rule of Consistency - AO ignored the cardinal...

The High Court addressed the issue of exemption under Section 11 concerning the proof of charitable objects under Section 2(15) of the Income Tax Act. It emphasized the importance of the rule of consistency, criticizing the Assessing Officer (AO) for disregarding judicial discipline by not following the Appellate Authority's orders. Consequently, the court found that the Tribunal should not have overturned the decision made by the Commissioner of Income Tax (Appeals) [CIT(A)]. .....

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