Exemption under s 11 to charitable trust, if it acquires tenancy right in respect of some immovable property owned by a different person

DIT Vs Sahu Jain Trust High Court of Calcutta ITA No. 38 of 2001 Bhaskar Bhattacharya and Sambuddha Chakrabarti, JJ Decided on: 31 March 2011 Counsel appeared: M.P. Agarwal for the appellant J.P. Khaitan for the aespondent Judgement Bhaskar Bhattacharya, J.- This appeal under section 260A of the Income-tax Act, 1961 is at the instance of the Revenue and is directed against an order dated August 10, 2000, passed by the Income-tax Appellate Tribunal, “D” Bench, Calcutta, in ITA No.2659 (Cal) of 1994 relating to the Assessment Year 1991-92 thereby dismissing the ap...