The Revenue appealed the ITAT's ruling granting exemption to an education society under income tax law. The High Court found no question of law arising and dismissed the appeal.
Nothing granted; the ITAT's ruling upholding the society's exemption under Section 11 is affirmed.
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* IN THE HIGH COURT OF DELHI AT NEW DELHI
THE COMMISSIONER OF INCOME TAX -EXEMPTION
..... Appellant
Through: Mr. Puneet Rai with Mr. Ruchir Bhatia, Advs.
versus
FORTUNE SOCIETY FOR DEVELOPMENT AND PROMOTION OF INTERNATIONAL BUSINESS
..... Respondent
Through: None.
CORAM: HON'BLE MR. JUSTICE S. RAVINDRA BHAT HON'BLE MR. JUSTICE A. K. CHAWLA
O R D E R
% 14.03.2018
The Revenue questions the dismissal of its appeal on a question about the permissibility of exemption under Section 11 of the Income Tax Act, 1961 (hereafter referred to as “the Act”) to the assessee as a society set up to provide education. The ITAT ruled in favour of the assessee by placing reliance on Deputy Director of Income Tax v. Indraprastha Cancer Society (ITA 240/2014 decided on 18.11.2014).
In these circumstances, having regard to the object of the assessee society as well as the previous rulings of the Court, no question of law arises. The appeal is dismissed.
S. RAVINDRA BHAT, J
MARCH 14, 2018/kks
A. K. CHAWLA, J
1 issue framed by the court
Whether exemption is permissible under Section 11 of the Income Tax Act, 1961 to the assessee as a society set up to provide education.
Colour shows how this judgement treated each authority
Deputy Director of Income Tax v. Indraprastha Cancer Society (ITA 240/2014 decided on 18.11.2014)Referred¶14
1 provisions across 1 enactments
The Commissioner of Income Tax - Exemption
Fortune Society for Development and Promotion of International Business
S. Ravindra Bhat
A. K. Chawla
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
