This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Jurisdictional High Court decision is binding on subordinate Tribunal and courts
Case Law Details
- Case Name
- Anusandhan Trust Sai Ashray Vs ITO (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2012-13
- Courts
- All ITAT, ITAT Mumbai
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Anusandhan Trust Sai Ashray Vs ITO (ITAT Mumbai)
ITAT Mumbai held that Hon’ble jurisdictional High Court order in case of CIT v Gem & Jewellery Export Promotion Council has held that none of the conditions attached to the grant affected the voluntary nature of the contribution and accordingly they would be exempt under section 12 of the Act and it is settled law that decision of Hon’ble jurisdictional High Court is binding upon subordinate Tribunal and courts.
Facts-
AO noted from the Income & Expenditure account that the assessee has received grant of Rs. 3,76,58,...
Author Info
