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| The Tax Publishers2019 TaxPub(DT) 6259 (SC) Income Tax Act, 1961
Section 261 Sections 11 & 12
Where the Department preferred SLP to appeal against the judgment of Uttrakhand High Court in CIT v. M/s. Divya Yog Mandir Trust [Income Tax Appeal No. 05 of 2014, dt. 27-2-2019] : 2019 TaxPub(DT) 8051 (Uttarakhand-HC), whereby the High Court held that Tribunal had agreed with assessee's contentions that revenue had consistently accepted that objects of assessee for previous years fell within definition of 'charitable purpose' under section 2(15) and it has, therefore, held that AO was not justified in denying assessee exemption under sections 11/12, the Supreme Court dismissed the SLP.
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Appeal (Supreme Court) - Special Leave Petition - Exemption under section 11 - Objects of assessee within the purview of providing medical relief, imparting education or relief to the poor
Department preferred SLP to appeal against the judgment of Uttrakhand High Court in CIT v. M/s. Divya Yog Mandir Trust [Income Tax Appeal No. 05 of 2014, dt. 27-2-2019] : 2019 TaxPub(DT) 8051 (Uttarakhand-HC), whereby the High Court held that Tribunal had agreed with assessee's contentions that revenue had consistently accepted that objects of assessee for previous years fell within definition of 'charitable purpose' under section 2(15) and it has, therefore, held that AO was not justified in denying assessee exemption under sections 11/12. Held: The Supreme Court dismissed the SLP.
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