Deductibility for charitable donations affirmed where payments to approved relief funds, even if CSR-driven, qualify under the donation deduction sche...
Mis-declaration in import descriptions must be deliberate to justify confiscation; withheld contemporaneous import documents invalidate value redeterm...
Liability for EPCG export shortfall: duty and interest sustained, but confiscation and penalties quashed where no fraud and causes beyond importer con...
ITAT held that exemption under section 11 could not be denied merely because the trust earned substantial receipts from letting out its hall and auditorium. Applying the dominant purpose test, it found the assessee's real activities to be structured education, scholarships, library and research work, and welfare measures for weaker sections, with the hall receipts used for maintenance and charitable programmes. The letting activity was only incidental and ancillary to the charitable objects, with no private profit or diversion shown. The proviso to section 2(15) and section 11(4A) were held inapplicable, and the Revenue's appeal was dismissed.
ITAT held that exemption under section 11 could not be denied merely because the trust earned substantial receipts from letting out its hall and auditorium. Applying the dominant purpose test, it found the assessee's real activities to be structured education, scholarships, library and research work, and welfare measures for weaker sections, with the hall receipts used for maintenance and charitable programmes. The letting activity was only incidental and ancillary to the charitable objects, with no private profit or diversion shown. The proviso to section 2(15) and section 11(4A) were held inapplicable, and the Revenue's appeal was dismissed.
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