https://www.taxtmi.com/caselaws?id=239293 The Tribunal held that the society's activities were charitable, aimed at promoting golf rather than commercial gain. It found no restrictive clause in membership, allowing individuals from all societal strata to join. The Tribunal emphasized that prudent financial management does not equate to commercial operations and that promoting sports, like golf, is considered a charitable purpose. Consequently, the Tribunal set aside the CIT's order, granting registration under section 12AA and allowed the appeal. en-us Thu, 18 Apr 2013 00:00:00 +0530 Sun, 10 Nov 2013 07:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239293 The Tribunal held that the society's activities were charitable, aimed at promoting golf rather than commercial gain. It found no restrictive clause in membership, allowing individuals from all societal strata to join. The Tribunal emphasized that prudent financial management does not equate to commercial operations and that promoting sports, like golf, is considered a charitable purpose. Consequently, the Tribunal set aside the CIT's order, granting registration under section 12AA and allowed the appeal. Case-Laws Income Tax Thu, 18 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239293