ITO EXEMPTION WARD , JAMSHEDPUR vs. ALL INDIA WOMEN'S CONFERENCE , JAMSHEDPUR
In the result, both the appeals of the assesse are allowed
ITA 230/RAN/2017[11-12]Status: DisposedITAT Ranchi29 Nov 2018
Bench: S/Shri N.S Saini & Pavan Kumar Gadale
For Appellant: Shri Devesh Poddar, AdvFor Respondent: Shri A.K.Mohanty, JCIT
Section 11Section 12ASection 2(15)Section 215Section 271(1)(c)
section 2(15) of the Act, the business income of the assessee is taxed irrespective of the application of business income.
4. On appeal before the CIT(A), the assessee submitted as under:
“The Central Board of Direct Taxes has issued the circular No 11/2008, dated 19.12.2008 stating the following implications arise from the amendment in sec. 2
