AO not permitted to take different stand on same issue over different years: ITAT Chennai

ITO Vs Ambur Economic Development Organization (ITAT Chennai) ITAT Chennai held that an AO is not permitted to take different stand on the same issue and same set of facts over different years. Thus, exemption u/s. 11 granted in spite of the fact that return was filed using ITR-6. Facts- The primary issue challenged by the revenue through this appeal is the grant of relief by the CIT(A) of treating the assesse as eligible for exemption u/s 11 of the ITA in spite of the fact that the return was filed using ITR-6. It has been contested that the doctrine of res judicata do not apply to direct tax...