2015 (10) TMI 2865 - HC - Income Tax

Revenue's Appeal Dismissed: Consistent Rulings Favor Assessee for AY 1994-95, Following Past Dismissals for AY 1992-94.

The Delhi HC dismissed the Revenue's appeal against the Income Tax Appellate Tribunal's order for AY 1994-95. The Court observed that similar appeals by ... Denial of benefit of exemption u/s 11 - Assessee society is set up for religious activities while claiming charitable status - HELD THAT:- The appeal filed by the Revenue against the said order of the ITAT for AY 1992-93 has already been dismissed by this Court on endorsed the opinion that the assessee was entitled to claim charitable status u/s 11. The Revenue’s appeal involving the same question, was dismissed. The Delhi High Court dismissed the appeal filed by the Revenue against the order of the Income Tax Appellate Tribunal for the Assessment Year 1994-95. The Court noted that previous appeals by the Revenue for the same Assessee for AY 1992-93 and AY 1993-94 had been dismissed. Consequently, the Court ruled in favor of the Assessee and against the Revenue.