https://www.taxtmi.com/caselaws?id=71664 The Tribunal held in favor of the assessee, a private limited company with charitable objects, allowing the deduction under section 80M of the Income-tax Act. It determined the assessee's status as a private limited company and rejected the applicability of sections 11 to 13 of the Act due to the assessee not claiming exemptions under these sections. The Tribunal also found the Commissioner's order under section 263 invalid, stating it was not erroneous or prejudicial to revenue's interest. Consequently, the Tribunal vacated the Commissioner's order and ruled in favor of the assessee. en-us Mon, 26 Feb 1996 00:00:00 +0530 Tue, 26 Apr 2011 13:48:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71664 The Tribunal held in favor of the assessee, a private limited company with charitable objects, allowing the deduction under section 80M of the Income-tax Act. It determined the assessee's status as a private limited company and rejected the applicability of sections 11 to 13 of the Act due to the assessee not claiming exemptions under these sections. The Tribunal also found the Commissioner's order under section 263 invalid, stating it was not erroneous or prejudicial to revenue's interest. Consequently, the Tribunal vacated the Commissioner's order and ruled in favor of the assessee. Case-Laws Income Tax Mon, 26 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71664