https://www.taxtmi.com/caselaws?id=260646 The tribunal determined that the activities of the assessee trust, such as renting out space and providing technical training, aligned with its charitable objectives. The interest-free loan to Don Bosco Institute was found not to violate relevant sections of the Income Tax Act. Consequently, the income generated, including rental income and training fees, qualified for exemption under section 11. The appeal by the assessee was successful, and the Assessing Officer was instructed to allow the exemption. en-us Wed, 17 Jun 2015 00:00:00 +0530 Mon, 09 Nov 2015 14:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260646 The tribunal determined that the activities of the assessee trust, such as renting out space and providing technical training, aligned with its charitable objectives. The interest-free loan to Don Bosco Institute was found not to violate relevant sections of the Income Tax Act. Consequently, the income generated, including rental income and training fees, qualified for exemption under section 11. The appeal by the assessee was successful, and the Assessing Officer was instructed to allow the exemption. Case-Laws Income Tax Wed, 17 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260646