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Income Tax - Highlights / Catch Notes

Home Highlights December 2021 Year 2021 This

Exemption u/s.11 of the Act r.w.s. 13(1)(c) - The purchasing of ...

Case Laws     Income Tax

December 9, 2021

Exemption u/s.11 of the Act r.w.s. 13(1)(c) - The purchasing of wood is for the medical college to be established by the assessee/Educational Trust. Each one of the above reasons looked at independently, in the background of material placed on record by the assessee, this Court is of the view that the findings recorded by the Tribunal confirming the findings of facts recorded by the authorities under the Act are available conclusions, and do not warrant interference of this Court. - HC

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