https://www.taxtmi.com/caselaws?id=119888 The Tribunal allowed the Department's appeals concerning the validity of notices issued under section 148 of the Income-tax Act, 1961. The Tribunal found that the failure to file income tax returns constituted escapement of assessment, justifying the notices. Additionally, the Tribunal upheld the granting of exemption under section 11 to the assessee, a society running a medical college. Despite the Department's arguments, the Tribunal considered the establishment of educational infrastructure and activities as fulfilling the criteria for exemption under section 11. Consequently, the Department's appeals were partially allowed. en-us Fri, 29 Sep 2006 00:00:00 +0530 Fri, 13 Jul 2012 17:53:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119888 The Tribunal allowed the Department's appeals concerning the validity of notices issued under section 148 of the Income-tax Act, 1961. The Tribunal found that the failure to file income tax returns constituted escapement of assessment, justifying the notices. Additionally, the Tribunal upheld the granting of exemption under section 11 to the assessee, a society running a medical college. Despite the Department's arguments, the Tribunal considered the establishment of educational infrastructure and activities as fulfilling the criteria for exemption under section 11. Consequently, the Department's appeals were partially allowed. Case-Laws Income Tax Fri, 29 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119888