https://www.taxtmi.com/caselaws?id=261274 The Revenue's appeal against the CIT(A)'s order for A.Y 2011-12 was allowed for statistical purposes due to lack of proper documentation for expenses claimed by the assessee. The Assessing Officer's decision to disallow expenses not aligned with the Memorandum of Association (MOA) objects was upheld, pending submission of necessary documents. The CIT(A) directed the AO to allow expenses as application of income u/s 11 based on past exemptions granted under similar circumstances, emphasizing consistency in granting exemptions. The issue of modification of MOA objects and approval by DIT(E) was highlighted for future consideration. en-us Fri, 03 Jul 2015 00:00:00 +0530 Mon, 17 Aug 2015 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261274 The Revenue's appeal against the CIT(A)'s order for A.Y 2011-12 was allowed for statistical purposes due to lack of proper documentation for expenses claimed by the assessee. The Assessing Officer's decision to disallow expenses not aligned with the Memorandum of Association (MOA) objects was upheld, pending submission of necessary documents. The CIT(A) directed the AO to allow expenses as application of income u/s 11 based on past exemptions granted under similar circumstances, emphasizing consistency in granting exemptions. The issue of modification of MOA objects and approval by DIT(E) was highlighted for future consideration. Case-Laws Income Tax Fri, 03 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261274