M/S.MARYMATHA SCHOOL TRUST,COCHIN vs. THE ITO(EXEMPTION), COCHIN
In the result, the appeal filed by the assessee is partly allowed
ITA 285/COCH/2017[2012-13]Status: DisposedITAT Cochin30 Aug 2018AY 2012-13
Bench: S/Shri Chandra Poojari, Am & George George K., Jm I.T.A. No.285/Coch/2017 Assessment Year : 2012-13 M/S. Mary Matha School Trust, Vs. The Income Tax Officer Thrikkakara P.O. (Exemption), Kochi. Kochi-682 021. [Pan:Aabtm 0241L]
Section 11Section 11(1)(a)Section 143(3)Section 263Section 272A(2)(e)Section 272A(3)Section 272A(4)
charitable or religious purposes and for the application of income, section 28 of the Act deals with chargeability of income from profits and gains of business. Section 29 provides for computation of such income in accordance with section 32 to 43C of the Act.
It was observed that even though section 32 of the Act is not applicable
