THE DIT ( EXEMPTION), KOCHI vs. M/S.INDIAN MEDICAL ASSOCIATION COCHIN BRANCH, COCHIN

In the result, both the appeals of the Revenue are dismissed

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

143(3) of the I.T. Act had noticed that the assessee’s income consisted of the following components: i) Annual Subscription Rs.2,23,470.00 ii) Donation – Directory Rs. 84,394.00 iii) Donation-Executive Committee Meeting Rs. 1,55,000.00 iv) Donation-Mailing List Rs. 6,250.00 v) Donation-President’s Seal Rs. 13,600.00 v) Life Membership Fee Rs.12

THE ADIT ( EXEMPTION), KOCHI vs. M/S.INDIAN MEDICAL ASSOCIATION COCHIN BRANCH, COCHIN

In the result, both the appeals of the Revenue are dismissed