{"id":59364,"date":"2026-04-07T11:41:34","date_gmt":"2026-04-07T06:11:34","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-vellore-institute-of-technology-2025-305-taxman-450-madhc\/"},"modified":"2026-04-07T11:41:34","modified_gmt":"2026-04-07T06:11:34","slug":"cit-v-vellore-institute-of-technology-2025-305-taxman-450-madhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-vellore-institute-of-technology-2025-305-taxman-450-madhc\/","title":{"rendered":"CIT v. Vellore Institute of Technology (2025) 305 Taxman 450 (Mad)(HC)"},"content":{"rendered":"<p>Assessing Officer passed an assessment order allowing exemption under section 11.\u00a0 Commissioner passed the revision order failure to consider certain receipts as business income. Tribunal quashed the revision order. On appeal the Court held that\u00a0 the Assessing Officer had issued a questionnaire raising 34 questions on various issues and assessee had given an explanation and also submitted materials.Since there was no discussion or finding on 34 questions raised under section 142(1), Assessing Officer should be taken as having accepted assessee&#8217;s explanation. Acccrdingly the order of Tribunal quashing the reisio. Order is affirmed. (AY. 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 263 : Commissioner-Revision of orders prejudicial to revenue-Property held for charitable purposes-Since there was no discussion or finding on 34 questions raised under section 142(1), Assessing Officer should be taken as having accepted assessee&#8217;s explanation-Order of Tribunal quashing the revision order is affirmed.[S. 11,12, 142(1), 260A]  <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-59364","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-fru","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=59364"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59364\/revisions"}],"predecessor-version":[{"id":59365,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59364\/revisions\/59365"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=59364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=59364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=59364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}