ACIT, EXEMPTION CIRCLE,, VIJAYAWADA vs. MOTHER THERESSA EDUCATIONAL SOCIETY, CHAITANYANAGAR

In the result, appeal of the assessee is allowed

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble

depreciation. He further submitted that there is no leakage of revenue and no tax is payable or no Page No. 5 I.T.A. Nos. 163&229/VIZ/2024 C.O. No. 01/VIZ/2024 Mother Theressa Educational Society income has escaped tax. The Ld.AR referring to Sub-Section (2) of section 270A

MOTHER THERESSA EDUCATIONAL SOCIETY,AMALAPURAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, EXEMPTION CIRCLE, VIJAYAWADA