M/S QUEEN'S EDUCATIONAL SOCIETY vs. COMMR.OF INCOME TAX
C.A. No.-005167-005167 - 2008Supreme Court16 Mar 2015
Bench: The Uttarakhand High Court, Nainital, May Be Gleaned From The Facts Of One Of Them, Namely, The Queen’S Educational Society Case. The Appellant Filed Its Return For Assessment Years 2000-2001 & 2001-2002 Showing A Net Surplus Of Rs.6,58,862/- & Rs.7,82,632/- Respectively. Since The Appellant Was Established With The Sole 2
Section 10Section 10(22)Section 260A
charitable purposes in India by purchasing
a building which is to be utilised as a hospital. This
income, therefore, is entitled to an exemption under
Section 11(1). In addition, under Section 11(1)(a),
the assessee can accumulate 25% of its total
income pertaining to the relevant assessment year
and claim exemption in respect thereof. Section
11
