In Itr/147/1993 Of The Director Of Income- Tax (Exemption) Bombay v. Sir J.j.charity Fund, the High Court (2005) decided the matter.
Decision: 147 OF 1993. the issue in the affirmative i.e. in favour of the assessee and against the revenue. .Reference stands disposed of with no order as to costs.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX REFERENCE NO. 147 OF 1993.
the issue in the affirmative i.e. in favour of the
assessee and against the revenue.
.Reference stands disposed of with no order
as to costs.
(A.S.AGUIAR, J.)(V.C.DAGA, J.)
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