2018 (11) TMI 509

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....e : None ORDER PER BEENA A PILLAI, JUDICIAL MEMBER The present appeal has been filed by revenue against order dated 21/09/15 passed by Ld.CIT(A)-40 for Assessment Year 2011-12 on the following grounds of appeal: "1. On the facts and in the circumstances of the case and in law, the Ld.CIT(A) erred in allowing the appeal of the assessee ignoring the fact that though the objects of ....

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....search and Development in the area of communication, to provide technology and services, for the benefit of academic, research and development institutions and various government organisations like schools, colleges and hospitals etc. It is observed that assessee is registered under section 12 AA (1) of the Income Tax Act, 1961 (the Act) on 26/03/04 w.e.f. 27/01/98 and income of assessee was exemp....

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.... ITA No. 2873 and 2874/Del/2014 has dismissed revenue's appeal on similar grounds. 7. On perusal of the facts narrated by Ld.CIT(A) in the impugned order, and the order of this Tribunal in assessee's own case for immediately preceding assessment years (supra) we observe that the facts are identical. This Tribunal decided the issue as under: "21. All the questions raised in the order....

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....ich can be termed as business, trade, or commerce. 22. Furthermore on perusal of the order of the ld CIT (A), we do not concur with the arguments of the ld CIT DR that order is perfunctory and devoid of reasons for the reasons that he has decided the issues relying on the decision of Honorable Delhi high court. According to us, the ld CIT (A) has also given his finding on all the aspects ....