THE ACIT, CEN-CIRCLE, KOTTAYAM vs. SRI.JOSE THOMAS, ADOOR
In the result, the appeals of the assesses in ITA no
ITA 238/COCH/2019[2011-12]Status: DisposedITAT Cochin30 Sept 2019AY 2011-12
Bench: S/Shri Chandra Poojari, Am & George George K., Jm
1. The CIT(A) erred in making an addition of Rs.27,84,000/- to the income of the Trust which was assessed on a protective basis in the hands of the trust and on a substantive basis in the hands of the trustees.
2. The CIT(A) was wrong in upholding the denial of exemption
