ACIT,, VIJAYAWADA vs. SRI PRAKASH EDUCATIONAL SOCIETY, TUNI

In the result, all the appeals filed by the revenue for the

Bench: Shri V. Durga Rao & Shri D.S. Sunder Singh

133A of the Act was conducted in the assessee’s business premises and during the course of survey, certain descrepencies were found by the AO, hence, the Chief Commissioner of Income Tax cancelled the exemption granted u/s 10(23C) of the Income Tax Act, 1961 (hereinafter called as 'the Act') dated 8.11.2011. Therefore, the income of the assessee became taxable

ACIT, EXEMPTIONS,, VIJAYAWADA vs. SRI PRAKASHA EDUCATIONAL SOCIETY,, TUNII