https://www.taxtmi.com/caselaws?id=169162 The case involved an appeal by the Revenue against the Commissioner's decision granting exemption under section 11 of the Act. The Revenue argued that violations of sections 13(1)(c) and 13(3) occurred due to preferential benefits to interested persons. The Tribunal found insufficient evidence of violations and directed a thorough reexamination by the Assessing Officer. The appeal was allowed for statistical purposes, remanding the matter for further evaluation of exemption eligibility under section 11. en-us Wed, 13 Aug 2014 00:00:00 +0530 Mon, 06 Apr 2015 22:07:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169162 The case involved an appeal by the Revenue against the Commissioner's decision granting exemption under section 11 of the Act. The Revenue argued that violations of sections 13(1)(c) and 13(3) occurred due to preferential benefits to interested persons. The Tribunal found insufficient evidence of violations and directed a thorough reexamination by the Assessing Officer. The appeal was allowed for statistical purposes, remanding the matter for further evaluation of exemption eligibility under section 11. Case-Laws Income Tax Wed, 13 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169162