Tribunal was justified in deleting the condition imposed on assessee is an Association of Commerce Teachers that the society should not charge any fee/amount from the beneficiaries and also shall not collect any fees on account of talent exam since there was no purpose to impose such a condition — as held by DelHC in DIT (Exemption) v Commerce Teachers Association — In favour of: The assessee.
While granting the exemption the Director General is free to incorporate stipulations and conditions.
Decided on: 20 September 2011.
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