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<h1>Supreme Court Dismisses Special Leave Petitions, Condoned Delay, Pending Applications Disposed Of</h1> The Supreme Court dismissed the Special Leave Petitions after condoning the delay. Pending applications were disposed of accordingly. - TMI Claim for exemption under section 10(23C)(vi) - whether Assessee’s activities including charging a franchisee fee could not be regarded as a charitable activity within the meaning of section 2(15) - as per HC purpose for which section 10(23C)(vi) was introduced, is adequately fulfilled and not disadvantageously circumvented by vested parties - Held that:- SLP dismissed. The Supreme Court dismissed the Special Leave Petitions after condoning the delay. Pending applications were disposed of accordingly.
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