https://www.taxtmi.com/caselaws?id=251545 The High Court upheld the Income Tax Appellate Tribunal's decision to allow a society's claim for exemption under section 80G of the Income Tax Act, 1961, despite the society not being registered under section 12AA. The Court emphasized that the conversion of a trust into a society did not affect the eligibility for exemption as long as the objects and public benefit obligations remained consistent. The Court directed the Commissioner of Income Tax to grant the exemption to the society, affirming that the continuity of public benefit activities justified the exemption under section 80G. en-us Tue, 08 Jul 2014 00:00:00 +0530 Thu, 18 Sep 2014 10:09:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251545 The High Court upheld the Income Tax Appellate Tribunal's decision to allow a society's claim for exemption under section 80G of the Income Tax Act, 1961, despite the society not being registered under section 12AA. The Court emphasized that the conversion of a trust into a society did not affect the eligibility for exemption as long as the objects and public benefit obligations remained consistent. The Court directed the Commissioner of Income Tax to grant the exemption to the society, affirming that the continuity of public benefit activities justified the exemption under section 80G. Case-Laws Income Tax Tue, 08 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251545