ITAT allows section 11 exemption based on rule of consistency

All India Federation of Tex Practitioners Vs ITO (ITAT Mumbai)

Conclusion: Since there was no allegation by the departmental authorities that assessee had violated any of the conditions of the provisions of sections 11, 12 and 13, except, the allegation that assessee was a mutual concern and even applying the rule of consistency, assessee’s claim of exemption under section 11 had to be allowed.

Held: The core issue in both the appeals revolved around

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