https://www.taxtmi.com/caselaws?id=60068 The Tribunal partly allowed the appeal, setting aside the denial of exemption under Section 11 of the IT Act to the appellant-association for the assessment year 1984-85. It directed a fresh assessment by the Assessing Officer, emphasizing the need to consider the audit report in Form No. 10B and the appellant's claims for exemption and deduction of expenses. The Tribunal criticized the CIT (Appeals) for not exercising judicial discretion and highlighted the importance of a fair assessment process. en-us Fri, 24 Apr 1992 00:00:00 +0530 Mon, 03 Jan 2011 15:45:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60068 The Tribunal partly allowed the appeal, setting aside the denial of exemption under Section 11 of the IT Act to the appellant-association for the assessment year 1984-85. It directed a fresh assessment by the Assessing Officer, emphasizing the need to consider the audit report in Form No. 10B and the appellant's claims for exemption and deduction of expenses. The Tribunal criticized the CIT (Appeals) for not exercising judicial discretion and highlighted the importance of a fair assessment process. Case-Laws Income Tax Fri, 24 Apr 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60068