https://www.taxtmi.com/caselaws?id=69696 The Tribunal held that M/s. Madras Hotel Association did not qualify for exemption under Section 11 of the Income Tax Act. Despite alterations to the Memorandum of Association, the association's profit-oriented primary aim with charitable activities as incidental led to the denial of exemption. The Tribunal found that the amended Memorandum did not address core concerns raised by previous court decisions, resulting in the dismissal of the appeal and denial of the claimed exemption. en-us Tue, 24 Mar 1981 00:00:00 +0530 Mon, 11 Apr 2011 16:19:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69696 The Tribunal held that M/s. Madras Hotel Association did not qualify for exemption under Section 11 of the Income Tax Act. Despite alterations to the Memorandum of Association, the association's profit-oriented primary aim with charitable activities as incidental led to the denial of exemption. The Tribunal found that the amended Memorandum did not address core concerns raised by previous court decisions, resulting in the dismissal of the appeal and denial of the claimed exemption. Case-Laws Income Tax Tue, 24 Mar 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69696