https://www.taxtmi.com/caselaws?id=239443 The court held that the petitioner's application under Section 10(23C)(vi) for the assessment year 2007-08 was not maintainable due to being filed beyond the stipulated time frame. It was found that the petitioner society was profit-oriented, engaged in profit-making activities, and diverted funds for personal use, thereby disqualifying it from exemption under Section 10(23C)(vi). The court upheld the respondent's findings and dismissed the writ petition, affirming the rejection of the exemption application for subsequent assessment years without costs. en-us Thu, 07 Nov 2013 00:00:00 +0530 Thu, 14 Nov 2013 10:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239443 The court held that the petitioner's application under Section 10(23C)(vi) for the assessment year 2007-08 was not maintainable due to being filed beyond the stipulated time frame. It was found that the petitioner society was profit-oriented, engaged in profit-making activities, and diverted funds for personal use, thereby disqualifying it from exemption under Section 10(23C)(vi). The court upheld the respondent's findings and dismissed the writ petition, affirming the rejection of the exemption application for subsequent assessment years without costs. Case-Laws Income Tax Thu, 07 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239443