https://www.taxtmi.com/caselaws?id=119175 The Tribunal upheld the CIT(A)'s decision to grant exemption under section 11 to the assessee-society, dismissing the Revenue's appeal. It was determined that the use of the society's property by other charitable trusts constituted a charitable activity aligning with the society's objectives. Additionally, the Tribunal found no issue with treating expenditure on agricultural and dairy operations as application of income, as the income generated from these activities exceeded the expenses incurred, thus supporting the CIT(A)'s decision. en-us Mon, 25 Oct 2004 00:00:00 +0530 Mon, 09 Jul 2012 14:29:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119175 The Tribunal upheld the CIT(A)'s decision to grant exemption under section 11 to the assessee-society, dismissing the Revenue's appeal. It was determined that the use of the society's property by other charitable trusts constituted a charitable activity aligning with the society's objectives. Additionally, the Tribunal found no issue with treating expenditure on agricultural and dairy operations as application of income, as the income generated from these activities exceeded the expenses incurred, thus supporting the CIT(A)'s decision. Case-Laws Income Tax Mon, 25 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119175