ITAT Directs De Novo Adjudication for Denial of Section 11 Exemption

SAE India Vs ITO (Exemptions) (ITAT Chennai)

Explore SAE India vs ITO tax dispute (ITAT Chennai) over Section 11 exemption, GPU classification, mutuality principles. Key issues, grounds, and legal analysis.

This tax dispute involves SAE India, a Trust, challenging the Commissioner of Income Tax (Appeals)-17, Chennai’s order dated 18.09.2018, pertaining to the assessment year 2013-14. The key issues revolve around the Trust’s eligibility for exemption under Section 11 of the Income Tax Act, 1961, GPU (General Public Utility) classification, and the applicability of mutuality principles.

Grounds of Appeal:

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