M/S. NABADIGANT EDUCATIONAL TRUST,BHUBANESWAR vs. ITO, WARD-2(1), BHUBANESWAR
In the result, both appeals of the assessee are dismissed
ITA 137/CTK/2016[2011-12]Status: DisposedITAT Cuttack17 May 2022AY 2011-12
For Appellant: Shri B.R.Pattnaik, ARFor Respondent: Shri M.K.Goutam, CIT-DR
Section 11Section 12ASection 13Section 13(1)(c)Section 13(1)(d)Section 13(2)(a)Section 143(2)Section 143(3)Section 80G
gain or for any other business or enterprise.
In this aspect also, the assessee-trust is not eligible to get benefit of exemption u/s 11 of the Act.
15. Against the above observations of the AO, the assessee carried the matter before the CIT(A) in the first appeal and the CIT(A) dismissed the appeal of the assessee affirming
