https://www.taxtmi.com/caselaws?id=308356 The High Court of Gujarat dismissed the Revenue's appeal against the Income Tax Appellate Tribunal's order for the assessment year 2015-16. The Court upheld the Tribunal's decision to grant exemptions under sections 11 and 12 of the Income Tax Act, rejecting the Revenue's arguments challenging the eligibility of the assessee for these benefits. The Court relied on a previous decision to conclude that the issues raised in the appeal had already been settled. Therefore, the Court ruled in favor of the assessee and affirmed the Tribunal's decision. en-us Mon, 24 Jan 2022 00:00:00 +0530 Tue, 27 Jun 2023 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308356 The High Court of Gujarat dismissed the Revenue's appeal against the Income Tax Appellate Tribunal's order for the assessment year 2015-16. The Court upheld the Tribunal's decision to grant exemptions under sections 11 and 12 of the Income Tax Act, rejecting the Revenue's arguments challenging the eligibility of the assessee for these benefits. The Court relied on a previous decision to conclude that the issues raised in the appeal had already been settled. Therefore, the Court ruled in favor of the assessee and affirmed the Tribunal's decision. Case-Laws Income Tax Mon, 24 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308356