In The Director Of Income Tax (Exemption), Mumbai v. Madressa-E-Nizamiah & Orphanage, the High Court (2011) dismissed the appeal. The decision went in favour of the assessee.
Decision: Accordingly, the present appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL (L) NO.873 OF 2005
The Director of Income Tax (Exemption), Mumbai
Versus
Madressa-E-Nizamiah & Orphanage
..Appellant.
..Respondent.
Mr.Suresh Kumar for the appellant.Mr.Atul K. Jasani for the respondent.
CORAM : J.P. Devadhar & Mrs.Mridula Bhatkar, JJ.
P.C. :
DATE : 28[th] February, 2011.
1.The learned Counsel for the parties state that the question of law raised in this appeal is covered in favour of the assessee and against the Revenue by the decision of this Court in the case of Director of Income-tax (Exemptions) V/s. Sheth Mafatlal Gagalbhai Foundation Trust reported in (2001) 249 ITR 533 (Bom). Accordingly, the present appeal is dismissed. No costs.
(Mrs.Mridula Bhatkar, J.)
(J.P. Devadhar, J.)
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