DIRECTOR OF INCOME TAX (EXEMPTION) vs. CHARANJIV CHARITABLE TRUST
In the result both aspects of the first substantial question of law
ITA/321/2013HC Delhi18 Mar 2014
Bench: It, Two By The Assessee Relating To The Assessment Years 2006-07 & 2007-08 & One By The Revenue Relating To The Assessment Year 2006-07. In Other Words, In Respect Of The Assessment Year 2006-07, There Were Cross- 2014:Dhc:1467-Db
Section 11Section 12ASection 13(1)(c)Section 13(3)Section 143(1)Section 260A
13(3). According to
him, both in respect of the advances made to APIL and the debit balances
in the account of Charanjiv Educational Society, there was a violation of
the above statutory provisions disentitling the assessee from the benefit of
exemption under Section 11. The addition made under Section 68
