https://www.taxtmi.com/caselaws?id=426494 The Tribunal accepted the appeals filed by the assessee, condoning the delay in filing due to the COVID-Pandemic situation. It upheld the exemption u/s. 11 of the Income Tax Act, dismissing the Revenue's challenge against the CIT(A)'s decision. The Tribunal found the agreement between the trust and SCPL for SAL Hospital management aligned with charitable objectives and did not violate relevant provisions. After thorough analysis, the Tribunal rejected the Revenue's grounds of appeal and dismissed the case, affirming the trust's actions as legitimate and in the best interest of charity. en-us Wed, 20 Jul 2022 00:00:00 +0530 Wed, 17 Aug 2022 17:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426494 The Tribunal accepted the appeals filed by the assessee, condoning the delay in filing due to the COVID-Pandemic situation. It upheld the exemption u/s. 11 of the Income Tax Act, dismissing the Revenue's challenge against the CIT(A)'s decision. The Tribunal found the agreement between the trust and SCPL for SAL Hospital management aligned with charitable objectives and did not violate relevant provisions. After thorough analysis, the Tribunal rejected the Revenue's grounds of appeal and dismissed the case, affirming the trust's actions as legitimate and in the best interest of charity. Case-Laws Income Tax Wed, 20 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426494