DEPUTY COMMISSIONER OF INCOME-TAX,(EXEMPTION) CIRCLE ,, PUNE vs. THE BISHOPS EDUCATION SOCIETY,, PUNE
In the result, the appeal of the Revenue in ITA No
ITA 2551/PUN/2017[2008-09]Status: DisposedITAT Pune22 Mar 2021AY 2008-09
For Appellant: NoneFor Respondent: Shri S. P. Walimbe
Section 11Section 11(1)Section 12ASection 143(3)Section 32Section 32(1)
capital assets are not used for the purpose of business or profession as provided u/s 32(1) ?”
4. Briefly, the facts of the case are that the respondent-assessee herein is a trust duly registered under the Bombay Public Trust Act, 1950. It was formed for the purpose of pursuing the educational objects. It was also duly registered
