https://www.taxtmi.com/caselaws?id=418509 The Tribunal upheld the CIT(A)'s decision, granting the assessee exemption under Sections 11 and 12 of the Income Tax Act. The Tribunal rejected the Revenue's arguments that the assessee's activities were profit-oriented, emphasizing the charitable nature of running a hospital. Additionally, the Tribunal supported the CIT(A)'s decision to admit additional evidence under Rule 46A, finding it within the CIT(A)'s powers and in the Department's interest. The Department's appeal was dismissed, and the order was issued on 07.02.2022. en-us Mon, 07 Feb 2022 00:00:00 +0530 Thu, 17 Feb 2022 10:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418509 The Tribunal upheld the CIT(A)'s decision, granting the assessee exemption under Sections 11 and 12 of the Income Tax Act. The Tribunal rejected the Revenue's arguments that the assessee's activities were profit-oriented, emphasizing the charitable nature of running a hospital. Additionally, the Tribunal supported the CIT(A)'s decision to admit additional evidence under Rule 46A, finding it within the CIT(A)'s powers and in the Department's interest. The Department's appeal was dismissed, and the order was issued on 07.02.2022. Case-Laws Income Tax Mon, 07 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418509