Commissioner of Income Tax v. Kshatriya Girls Schools Managing Board
1999-12-15
N.K.JAIN, N.V.BALASUBRAMANIAN
body1999
DigiLaw.ai
Judgment :- Jain, J. The above tax case is at the instance of the Commissioner, Madurai, under section 256(1) of the Income-tax Act, 1961 and the Tribunal has stated the case and referred the following question of law: "Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in holding that the assessee was entitled to exemption provided under section 10(22) of the Act ?" 2. The learned standing counsel for the department submits that the controversy had already been set at rest in the case of the same assessee, in CIT V. Kshatriya Girls Schools Managing Board and in favour of the assessee. 3. In view of the above statement and for the reasons mentioned in the decision cited supra the question of law referred is answered in the affirmative and against the revenue. The tax case is disposed of accordingly. No costs.