2018 (7) TMI 1732

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....ER (PER : HONOURABLE MR.JUSTICE AKIL KURESHI) 1. Revenue is in appeal against the judgment of the Income Tax Appellate Tribunal dated 09.11.2017 raising following question for our consideration: "Whether, on the facts and in the circumstances of the case and in law, the Tribunal was justified in allowing the benefit of exemptions u/s 11 of the Act without considering the fact that the assess....

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.... activities in different parts of India and generally to promote economic upliftment of the farmers segment. The society is not established for the purpose of profit. 2) To achieve the aforesaid objectives, the society may carry on all or any of the following activities; ......." 3. For the assessment year 2011-12, the Assessing Officer during scrutiny assessment noticed that the assessee&#39....

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....x (Exemption) v. Sabarmati Ashram Gaushala Trust reported in [2014] 362 ITR 539 (Guj), rejected the Revenue's appeal. 5. In case of Sabarmati Ashram Gaushala Trust (supra), under somewhat similar background, this Court had observed as under: "11. We are wholly in agreement with the view of the Tribunal. The objects of the Trust clearly establish that the same was for general public utility ....