https://www.taxtmi.com/caselaws?id=275363 The Tribunal upheld the CIT(A)'s direction for the Assessing Officer to recompute the assessee's income in accordance with sections 11 to 13 of the Act. It emphasized the importance of considering section 13(8) in determining eligibility for exemption under section 11. The Tribunal dismissed the Revenue's appeal, stating that the CIT(A)'s order should stand, requiring the Assessing Officer to reassess the assessee's income considering the relevant provisions and registration under section 12AA. en-us Wed, 17 Sep 2014 00:00:00 +0530 Fri, 28 Sep 2018 20:09:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275363 The Tribunal upheld the CIT(A)'s direction for the Assessing Officer to recompute the assessee's income in accordance with sections 11 to 13 of the Act. It emphasized the importance of considering section 13(8) in determining eligibility for exemption under section 11. The Tribunal dismissed the Revenue's appeal, stating that the CIT(A)'s order should stand, requiring the Assessing Officer to reassess the assessee's income considering the relevant provisions and registration under section 12AA. Case-Laws Income Tax Wed, 17 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275363