https://www.taxtmi.com/caselaws?id=202929 The tribunal allowed the appeal, overturning the rejection of the renewal application under section 80G(5) of the IT Act. It found that the trust's activities aligned with charitable purposes and were not profit-driven, emphasizing the historical charitable nature of the trust's operations. The tribunal criticized the CIT's misinterpretation of the amended definition of charitable purpose and ruled in favor of the assessee, reinstating the trust's eligibility for exemption under section 80G(5). en-us Mon, 10 Aug 2009 00:00:00 +0530 Mon, 25 Apr 2011 17:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202929 The tribunal allowed the appeal, overturning the rejection of the renewal application under section 80G(5) of the IT Act. It found that the trust's activities aligned with charitable purposes and were not profit-driven, emphasizing the historical charitable nature of the trust's operations. The tribunal criticized the CIT's misinterpretation of the amended definition of charitable purpose and ruled in favor of the assessee, reinstating the trust's eligibility for exemption under section 80G(5). Case-Laws Income Tax Mon, 10 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202929