https://www.taxtmi.com/caselaws?id=761165 ITAT Mumbai held that a hospital's pharmacy store operations serving only admitted patients were incidental to the main charitable objective of providing medical relief and not hit by Section 11(4A) business income provisions. The decision was supported by previous rulings in the assessee's own case by the coordinate bench and Bombay HC. Regarding deduction under Section 11(1)(a), the tribunal upheld the 15% set-apart on gross receipts following Supreme Court precedent in Programme for Community Organisation, ruling that the provision applies to gross receipts regardless of surplus or deficit status. en-us Mon, 07 Oct 2024 00:00:00 +0530 Tue, 05 Nov 2024 08:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761165 ITAT Mumbai held that a hospital's pharmacy store operations serving only admitted patients were incidental to the main charitable objective of providing medical relief and not hit by Section 11(4A) business income provisions. The decision was supported by previous rulings in the assessee's own case by the coordinate bench and Bombay HC. Regarding deduction under Section 11(1)(a), the tribunal upheld the 15% set-apart on gross receipts following Supreme Court precedent in Programme for Community Organisation, ruling that the provision applies to gross receipts regardless of surplus or deficit status. Case-Laws Income Tax Mon, 07 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761165