https://www.taxtmi.com/caselaws?id=192019 The Tribunal upheld the Ld.CIT(A)'s decision directing the AO to grant exemption under section 11 of the Income-tax Act to the assessee for the Assessment Year 2009-10. The AO had initially denied the exemption, treating the assessee's trust as a mutual concern. The Ld.CIT(A) ruled in favor of the assessee based on a previous Tribunal ruling and the High Court's decision. As the Revenue failed to present distinguishing facts and the Tribunal's decision remained unchallenged, the appeal was dismissed, affirming the assessee's entitlement to the exemption under section 11. en-us Wed, 12 Mar 2014 00:00:00 +0530 Tue, 09 May 2017 20:26:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192019 The Tribunal upheld the Ld.CIT(A)'s decision directing the AO to grant exemption under section 11 of the Income-tax Act to the assessee for the Assessment Year 2009-10. The AO had initially denied the exemption, treating the assessee's trust as a mutual concern. The Ld.CIT(A) ruled in favor of the assessee based on a previous Tribunal ruling and the High Court's decision. As the Revenue failed to present distinguishing facts and the Tribunal's decision remained unchallenged, the appeal was dismissed, affirming the assessee's entitlement to the exemption under section 11. Case-Laws Income Tax Wed, 12 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192019