Held that the specified persons used the operation rooms owned by the assessee for private practice without paying any rent or fees for such use. However the specified persons are rendering professional services without charging professional fees. Building owned by specified person used by the Trust without rent. Disqualification not attracted. Denial of exemption is not justified. (AY. 2015-16)
Swasthiyog Pratishthan v. Dy. CIT(E) (2022) 97 ITR 47 (SN) (Pune) (Trib)
S. 13 : Denial of exemption-Trust or institution-Investment restrictions-Specified persons-Using premises-Rendering professional services without charging professional fees-Building owned by specified person used by the Trust without rent-Disqualification not attracted-Denial of exemption is not valid. [S. 11, 12A, 13(1)(c)]