THE COMMISSIONER OF INCOME-TAX(EXEMPTIONS) vs. M/S CHOICE FOUNDATION
ITA/180/2019HC Kerala11 Nov 2021
Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI
Section 11Section 11(5)Section 12Section 13(8)Section 143(3)Section 148Section 154Section 2(24)(iia)Section 260ASection 263
56,579/-. The
Commissioner of the Income Tax (Exemptions) had taken up proceedings
under Sec.263 of the Act. In the proceedings initiated under Sec.263, the
Commissioner noted the details concerning Rs.2,08,91,000/- which was
reduced from the total income of the assessee vide order dated 06.08.2015
and which constituted building fund stated to have been collected
