https://www.taxtmi.com/caselaws?id=284801 The Tribunal dismissed the appeal, affirming that the hospital's income should be assessed under section 10(23C)(via) rather than section 11. It was determined that the hospital was run for profit, evidenced by consistent surplus income, disqualifying it from exemption under section 10(23C)(via) without proper approval. The Tribunal emphasized the specific provisions for hospitals under section 10(23C)(via) and the requirement for notification to avail exemption, upholding the decision of the CIT(A) in this regard. en-us Fri, 28 Feb 2014 00:00:00 +0530 Thu, 12 Dec 2019 10:40:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284801 The Tribunal dismissed the appeal, affirming that the hospital's income should be assessed under section 10(23C)(via) rather than section 11. It was determined that the hospital was run for profit, evidenced by consistent surplus income, disqualifying it from exemption under section 10(23C)(via) without proper approval. The Tribunal emphasized the specific provisions for hospitals under section 10(23C)(via) and the requirement for notification to avail exemption, upholding the decision of the CIT(A) in this regard. Case-Laws Income Tax Fri, 28 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284801