CARMEL EDUCATIONAL TRUST,PATHANAMTHITTA vs. DCIT,CEN- CIRCLE,, KOTTAYAM
In the result, the appeals of the assesses in ITA no
ITA 309/COCH/2019[2009-10]Status: DisposedITAT Cochin30 Sept 2019AY 2009-10
Bench: S/Shri Chandra Poojari, Am & George George K., Jm
48, it could still impose tax under the residuary head is thus unacceptable. If the income cannot be taxed under section
I.T.A. Nos.27-35/Coch/2019,
54&55/Coch/2019,
208-213/Coch/2019,
238&239/Coch/2019,
207/Coch/2019
& 304-310/Coch/2019
45, it cannot be taxed at all. (SeeS. G. Mercantile Corporation P. Ltd. v. CIT
(1972) 83 1TR 700 (SC).
(17) Furthermore, it would be illogical
