https://www.taxtmi.com/caselaws?id=212585 The tribunal upheld the withdrawal of exemption under Section 80G(5) for the charitable trust due to significant expenditure on 'Bhagwat Katha', classified as a religious activity. The tribunal emphasized adherence to the 5% limit on religious activities under Section 80G(5B) and directed the CIT to review subsequent years for compliance. The decision was influenced by the precedent set in CIT v. Upper Ganges Sugar Mills Ltd., affirming 'Bhagwat Katha' as inherently religious. The tribunal deemed the procedural correctness of the withdrawal for 2007-08 but required further assessment for subsequent years to ensure trust genuineness and compliance. en-us Fri, 23 Mar 2012 00:00:00 +0530 Sat, 14 Apr 2012 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212585 The tribunal upheld the withdrawal of exemption under Section 80G(5) for the charitable trust due to significant expenditure on 'Bhagwat Katha', classified as a religious activity. The tribunal emphasized adherence to the 5% limit on religious activities under Section 80G(5B) and directed the CIT to review subsequent years for compliance. The decision was influenced by the precedent set in CIT v. Upper Ganges Sugar Mills Ltd., affirming 'Bhagwat Katha' as inherently religious. The tribunal deemed the procedural correctness of the withdrawal for 2007-08 but required further assessment for subsequent years to ensure trust genuineness and compliance. Case-Laws Income Tax Fri, 23 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212585