Monetary limit not breached for 2006-07 to 2010-11, appeals dismissed. For 2011-12 & 2012-13, exemption u/s 12AA allowed. https://www.taxtmi.com/highlights?id=79598 Monetary limit for filing appeals before High Court not breached for assessment years 2006-07 to 2010-11, appeals dismissed as not maintainable. For assessment years 2011-12 and 2012-13, tax effect exceeds monetary limit but fundamental issue regarding availability of exemption to Trust u/s 12AA already decided in Trust's favor, questions of law raised by revenue answered against revenue in Trust's favor. en-us Mon, 22 Jul 2024 08:38:54 +0530 Mon, 22 Jul 2024 08:38:54 +0530 TaxTMI RSS Generator Monetary limit not breached for 2006-07 to 2010-11, appeals dismissed. For 2011-12 & 2012-13, exemption u/s 12AA allowed. https://www.taxtmi.com/highlights?id=79598 Monetary limit for filing appeals before High Court not breached for assessment years 2006-07 to 2010-11, appeals dismissed as not maintainable. For assessment years 2011-12 and 2012-13, tax effect exceeds monetary limit but fundamental issue regarding availability of exemption to Trust u/s 12AA already decided in Trust's favor, questions of law raised by revenue answered against revenue in Trust's favor. Highlights Income Tax Mon, 22 Jul 2024 08:38:54 +0530 https://www.taxtmi.com/highlights?id=79598