https://www.taxtmi.com/caselaws?id=242909 The appeal challenged the denial of exemption under Section 11 due to the withdrawal of registration under Section 12A and the applicability of the proviso to Section 2(15). The CIT(A) upheld the denial, but the Tribunal remitted the matter back for reconsideration in light of the restoration of registration under Section 12A. The restoration of registration was crucial in establishing the trust's eligibility for exemption under Section 11, as the income was utilized for charitable objectives, particularly in the context of sports and recreational activities. The Tribunal's decision highlighted the importance of assessing the proviso's applicability post-amendment in determining the trust's charitable status. en-us Wed, 27 Nov 2013 00:00:00 +0530 Fri, 17 Jan 2014 12:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242909 The appeal challenged the denial of exemption under Section 11 due to the withdrawal of registration under Section 12A and the applicability of the proviso to Section 2(15). The CIT(A) upheld the denial, but the Tribunal remitted the matter back for reconsideration in light of the restoration of registration under Section 12A. The restoration of registration was crucial in establishing the trust's eligibility for exemption under Section 11, as the income was utilized for charitable objectives, particularly in the context of sports and recreational activities. The Tribunal's decision highlighted the importance of assessing the proviso's applicability post-amendment in determining the trust's charitable status. Case-Laws Income Tax Wed, 27 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242909