Exemption u/s 11 - Charitable activity u/s 2(15) - The Tribunal...

Exemption u/s 11 - Charitable activity u/s 2(15) - The Tribunal found that the assessee, a trust, was engaged in charitable activities under Section 11 of the Income Tax Act, 1961, primarily focusing on education through printing and publishing of books and magazines related to spiritual teachings. The Tribunal observed that the trust's activities of printing, publishing, and distributing journals and magazines were incidental to its main charitable objective and did not constitute a business activity.