The Director of Income-tax (Exemptions) v. Khetri Trust
[Citation -2017-LL-0901]
| Citation | 2017-LL-0901 |
|---|---|
| Appellant Name | The Director of Income-tax (Exemptions) |
| Respondent Name | Khetri Trust |
| Court | HIGH COURT OF DELHI AT NEW DELHI |
| Relevant Act | Income-tax |
| Date of Order | 01/09/2017 |
| Assessment Year | 1998-99 |
| Judgment | View Judgment |
| Keyword Tags | question of law |
| Bot Summary: | This is an appeal by the Revenue directed against the order dated 21st December, 2004 passed by the Income Tax Appellate Tribunal in ITA No.660/Del/2002 for the Assessment Year 1998-99. By the order dated 14th December, 2005, this Court framed the following question of law. Whether the IT AT was correct in law in allowing the benefits to the assessee under Section 11 of the Income Tax Act, 1961 notwithstanding the violation of Section 13(l)(d) of the said Act 3. It is seen that in the Assessee s own case by order dated 17th July, 2014 in ITA No.162/2001, order dated 26th November, 2014 in ITA No.171/2003, order dated 16th March, 2016 in ITA Nos.193 195 of 2016 and order dated 22nd ITA 546/2005 Page 1 of 2 February, 2017 in ITA No.167/2017, an identical question of law has been answered in favour of the Assessee. The question of law is answered in the affirmative i.e., in favour of the Assessee and against the Revenue. |