https://www.taxtmi.com/caselaws?id=270889 The Tribunal dismissed the appeals for the years 2003-04, 2004-05, and 2007-08, upholding the reopening of assessments, denial of exemption under section 10(23C)(vi), classification as an Association of Persons (AOP), and treatment of capital outlay contributions as revenue receipts. However, for the year 2002-03, the Tribunal allowed the plea for set-off of past years' deficits for statistical purposes, subject to verification by the Assessing Officer. en-us Mon, 30 Nov 2015 00:00:00 +0530 Tue, 19 Jan 2016 07:09:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270889 The Tribunal dismissed the appeals for the years 2003-04, 2004-05, and 2007-08, upholding the reopening of assessments, denial of exemption under section 10(23C)(vi), classification as an Association of Persons (AOP), and treatment of capital outlay contributions as revenue receipts. However, for the year 2002-03, the Tribunal allowed the plea for set-off of past years' deficits for statistical purposes, subject to verification by the Assessing Officer. Case-Laws Income Tax Mon, 30 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270889