Held that the Assessing Officer himself in the subsequent assessment year has allowed the claim of the assessee under section 11 of the Act and restricted the donation paid to the Council alone for disallowance. Therefore, there was no merit in denying the benefit under section 11 of the Act without considering the actual charitable activities of the assessee-trust. Order of CIT(A) is affirmed. (AY.2015-16)
Dy. CIT v.Sheriff Foundation (2024)112 ITR 72 (SN)(Delhi) (Trib)
S. 11 : Property held for charitable purposes-Donation to another trust with similar objects-Allowed as deduction in earlier years and latter years-Denial off exemption is not valid. [S.12A]