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![Society cannot Claim Exemption in respect of Investment in Fixed Asset using Loan Amount: ITAT Bengaluru [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "Society cannot Claim Exemption in respect of Investment in Fixed Asset using Loan Amount: ITAT Bengaluru [Read Order]")
Society cannot Claim Exemption in respect of Investment in Fixed Asset using Loan Amount: ITAT Bengaluru [Read Order]
In M/s. Peoples Education Society v. DCIT(E), the ITAT, Bengaluru held that the assessee-society is not entitled to claim the exemption in respect of...