M/S.MALANKARA ORTHODOX SYRIAN CHURCH MEDICAL MISSION HOSPITAL,COCHIN vs. THE DY DIT (EXEMPTION), COCHIN

In the result, the appeal filed by the assessee is allowed

Bench: S/Shri Abraham P George, Am & George George K, Jm Malankara Orthodox Syrian Church Vs The Dy Director Of Income Tax Medical Mission Hospital (Exemption) Kolencherry 682 311 Kochi ( Appellant) (Respondent)

40A(7) of the I T Act. Therefore, the CIT has rightly disallowed the same in his order passed under section 263 of the I T Act. However, the further question is whether the CIT is right in invoking the provisions of section 11(4) of the Act. To understand this issue, provisions of section 11(4), 2