2018 (3) TMI 1925

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....ati Parmita Tripathy CIT DR For the Respondent : Shri H B Chawla Senior Advisor ORDER Per Prashant Maharishi, Accountant Member 1. This appeal is filed by The Deputy Commissioner Of Income Tax (Exemption) Circle - 2 (1), New Delhi [ The Ld AO ] against the order of The Commissioner Of Income Tax (Appeals) - 40 (Exemption), New [ The Ld CIT (A) ] Delhi dated 8/7/2016 for Assessment Year....

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....ection 2 (15) and hit by the proviso to section 2 (15). 3. Facts shows that assessee society is registered under The Societies Registration Act, 1860 and under section 12 A of the Income Tax Act. The assessee is established by the Ministry of Industry. The certifying bodies, educational institutions, and hospitals apply to the respective boards to the assessee trust seeking accreditation. Durin....

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....t order under section 143 (3) of the Act on 8/2/16 denying the benefit of exemption under section 11 and 12 of Act to the assessee and determining the net taxable income of Rs. 26941642/-. 4. The assessee aggrieved with the above order of the AO preferred an appeal before the Ld. CIT (A). Per order dated 8/7/2016 the Ld. CIT (A) allowed the appeal of the assessee holding that the issue is squar....

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....assessment year 2009 - 10 which has been upheld by the Hon'ble high court in ITA No. 867/2016 dated 14/12/2016. 8. We have carefully considered the rival contention and perused the orders of the lower authorities. The identical issue has been decided by the coordinate bench in case of the assessee for assessment year 2009 - 10 which has been upheld by Hon'ble Delhi High Court in ITA No. 867/201....