https://www.taxtmi.com/caselaws?id=253062 The Tribunal upheld the assessee's entitlement to exemption under section 11 of the Income Tax Act, 1961, directing the Assessing Officer to compute income in accordance with relevant provisions. The decision was based on consistent recognition of the assessee as a charitable institution and previous favorable judgments. The Tribunal dismissed the Revenue's appeal, including the issue of set off and carry forward of deficit, focusing primarily on the assessee's eligibility for exemption under section 11. en-us Tue, 21 Oct 2014 00:00:00 +0530 Sat, 01 Oct 2022 11:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253062 The Tribunal upheld the assessee's entitlement to exemption under section 11 of the Income Tax Act, 1961, directing the Assessing Officer to compute income in accordance with relevant provisions. The decision was based on consistent recognition of the assessee as a charitable institution and previous favorable judgments. The Tribunal dismissed the Revenue's appeal, including the issue of set off and carry forward of deficit, focusing primarily on the assessee's eligibility for exemption under section 11. Case-Laws Income Tax Tue, 21 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253062