https://www.taxtmi.com/caselaws?id=302482 The Tribunal dismissed the Revenue's appeals, affirming that the Pharmacy Unit was integral to the hospital's charitable activities. It upheld the CIT(A)'s decision to delete the addition made by the AO under Section 11(4A), concluding that the Pharmacy Unit's operations were not a separate business but incidental to the hospital's charitable purpose. The Tribunal also ruled that the assessee was not required to maintain separate books of accounts for the Pharmacy Unit. Consequently, the Tribunal dismissed the cross-objections filed by the assessee. en-us Tue, 02 Nov 2021 00:00:00 +0530 Sun, 29 May 2022 21:23:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302482 The Tribunal dismissed the Revenue's appeals, affirming that the Pharmacy Unit was integral to the hospital's charitable activities. It upheld the CIT(A)'s decision to delete the addition made by the AO under Section 11(4A), concluding that the Pharmacy Unit's operations were not a separate business but incidental to the hospital's charitable purpose. The Tribunal also ruled that the assessee was not required to maintain separate books of accounts for the Pharmacy Unit. Consequently, the Tribunal dismissed the cross-objections filed by the assessee. Case-Laws Income Tax Tue, 02 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302482