https://www.taxtmi.com/highlights?id=54892 Exemption u/s 11 - Lease transactions - Merely because the other charitable trust guilty property for accommodation of the person covered under section 13(3) of the Act, such a fact ipso facto does not lead to the addition in the hands of the assessee without first clinching the issue with corroborative piece of evidence. We therefore, hold that there is no justification for addition made by the learned Assessing Officer by invoking the provisions under section 13(2 )( b) - AT en-us Thu, 24 Sep 2020 11:05:46 +0530 Thu, 24 Sep 2020 11:05:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=54892 Exemption u/s 11 - Lease transactions - Merely because the other charitable trust guilty property for accommodation of the person covered under section 13(3) of the Act, such a fact ipso facto does not lead to the addition in the hands of the assessee without first clinching the issue with corroborative piece of evidence. We therefore, hold that there is no justification for addition made by the learned Assessing Officer by invoking the provisions under section 13(2 )( b) - AT Highlights Income Tax Thu, 24 Sep 2020 11:05:46 +0530 https://www.taxtmi.com/highlights?id=54892