In The Commissioner Of Income Tax -Exemption v. The National Rifle Association Of India, the High Court (2018) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal is accordingly dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
$~43
* IN THE HIGH COURT OF DELHI AT NEW DELHI+ ITA 600/2018
THE COMMISSIONER OF INCOME TAX -EXEMPTION
..... Appellant
Through: Mr. Ruchir Bhatia, Adv. for Revenue.
versus
THE NATIONAL RIFLE ASSOCIATION OF INDIA .... Respondent Through
CORAM:HON'BLE MR. JUSTICE S. RAVINDRA BHAT HON'BLE MR. JUSTICE A. K. CHAWLA
O R D E R21.05.2018
%
The Revenue’s grievance is that the assessee could not have claimed the benefit under Section 2(15) of the Income Tax Act. The CIT(A) and the ITAT concurrently ruled in favour of the assessee; furthermore for the previous assessment year this Court upheld the benefit of Section 2(15) read with Section 12A of the Act (ITA 807/2016, Commissioner of Income Tax vs. National Rifle Association of India).
As a result, no question of law arises for consideration. The appeal is accordingly dismissed.
S. RAVINDRA BHAT, J
MAY 21, 2018 ‘dc’
A. K. CHAWLA, J
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