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
2) of section 55 clause (a) having
been amended, there is no stipulation with regard to relinquishment of trusteeship.
However, even in the case of tenancy right, the view taken by the Supreme Court,
after the provision was substituted w.e.f. 1st April, 1995, is as above, which is
squarely applicable to the assessees’ case also. The further argument
