Sec. 11 of Income Tax Act, 1961— Exemption —Assessee was a trust and was running pharmacy store in its hospital. The tribunal allowed the claim of assessee for exemption under section 11 of the income tax act 1961.
The revenue preferred an appeal under Section 260A of the Income Tax Act, 1961 against the order passed by Tribunal for the assessment year 2012-13.The appeal has been preferred proposing the questions as substantial questions of law.Court answered the identical questions in favour of the assessee and against the revenue.  Consequently, the appeal was dismissed. --- CIT vs. NATIONAL HEALTH & EDUCATION SOCIETY.[2020] 23 ITCD Online 86 (BOM)