https://www.taxtmi.com/caselaws?id=245321 The case involved a dispute over the eligibility of an Association of Persons (AOP) registered as a Public Charitable Trust for exemption under section 11 of the Income Tax Act. The Revenue challenged the disallowance of surplus income by the Assessing Officer, arguing that the trust's receipt of donations resembling capitation fees disqualified it from claiming the exemption. However, the CIT(A) and Tribunal both ruled in favor of the trust, emphasizing that its registration under the Bombay Public Trust Act, possession of certificates under sections 12AA and 80G, and compliance with charitable purposes justified its entitlement to exemption under section 11 despite the rejection under section 10(23C). en-us Fri, 21 Mar 2014 00:00:00 +0530 Wed, 26 Mar 2014 14:37:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245321 The case involved a dispute over the eligibility of an Association of Persons (AOP) registered as a Public Charitable Trust for exemption under section 11 of the Income Tax Act. The Revenue challenged the disallowance of surplus income by the Assessing Officer, arguing that the trust's receipt of donations resembling capitation fees disqualified it from claiming the exemption. However, the CIT(A) and Tribunal both ruled in favor of the trust, emphasizing that its registration under the Bombay Public Trust Act, possession of certificates under sections 12AA and 80G, and compliance with charitable purposes justified its entitlement to exemption under section 11 despite the rejection under section 10(23C). Case-Laws Income Tax Fri, 21 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245321