https://www.taxtmi.com/caselaws?id=72023 The appellate tribunal upheld the DIT (Exemptions)'s decision to deny the renewal of approval under section 80G, agreeing that the trust's activities were commercial rather than charitable. The tribunal found that the trust's management practices and financial arrangements provided undue benefits to specified persons, violating section 13 of the Income-tax Act. The trust's activities, including leasing property and running hostels, were deemed commercial under the amended definition of "charitable purpose" in section 2(15). The appeal was dismissed, confirming the trust's failure to prove its activities as wholly charitable. en-us Wed, 25 Mar 2009 00:00:00 +0530 Mon, 23 Oct 2023 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72023 The appellate tribunal upheld the DIT (Exemptions)'s decision to deny the renewal of approval under section 80G, agreeing that the trust's activities were commercial rather than charitable. The tribunal found that the trust's management practices and financial arrangements provided undue benefits to specified persons, violating section 13 of the Income-tax Act. The trust's activities, including leasing property and running hostels, were deemed commercial under the amended definition of "charitable purpose" in section 2(15). The appeal was dismissed, confirming the trust's failure to prove its activities as wholly charitable. Case-Laws Income Tax Wed, 25 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72023