2018 (9) TMI 1994 - HC - Income Tax

Revenue's Appeal Dismissed for Assessment Year 2010-11

The Delhi HC dismissed the Revenue's appeal against the impugned order for the assessment year 2010-11, as no substantial question of law arose for ... Exemption u/s 11 - Charitable activity u/s 2(15) - promoting technology or technology related activities - ITAT held that the assessee’s activities are charitable and that it was not engaging in any business or commercial activity - HELD THAT:- Appeal preferred by the Revenue against the same impugned order [2018 (5) TMI 1814 - DELHI HIGH COURT] for the assessment year 2010-11, has been dismissed by this Court following the judgment of this Court in M/s GS1 India v. Director General of Income Tax (Exemption)and Anr. [2013 (10) TMI 19 - DELHI HIGH COURT] wherein held that the similar activities of promoting technology or technology related activities could not be considered commercial or business activities, per se. No substantial question of law. The Delhi High Court dismissed the appeal by the Revenue against the impugned order for the assessment year 2010-11, citing a previous judgment. The appeal was dismissed as no substantial question of law arose for consideration.