https://www.taxtmi.com/caselaws?id=63813 The Tribunal upheld the assessee's claim for exemption under Section 11 of the Income Tax Act for the assessment years 1977-78, 1980-81, and 1981-82. It concluded that the activities of the Shilp Kala Kendra were not profit-oriented but aimed at charitable purposes, following Supreme Court precedents. Consequently, the appeals were allowed in favor of the assessee, affirming the charitable nature of the activities and the applicability of the exemption under Section 11. en-us Fri, 12 Jan 2007 00:00:00 +0530 Tue, 27 Feb 2024 14:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63813 The Tribunal upheld the assessee's claim for exemption under Section 11 of the Income Tax Act for the assessment years 1977-78, 1980-81, and 1981-82. It concluded that the activities of the Shilp Kala Kendra were not profit-oriented but aimed at charitable purposes, following Supreme Court precedents. Consequently, the appeals were allowed in favor of the assessee, affirming the charitable nature of the activities and the applicability of the exemption under Section 11. Case-Laws Income Tax Fri, 12 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63813