https://www.taxtmi.com/caselaws?id=262253 The Tribunal upheld the decision to grant exemption under section 10(23C)(iv) of the Income Tax Act to the association, affirming that its activities are charitable and not commercial in nature. The association's efforts to assist members in expanding global reach and increasing exports were deemed aligned with charitable purposes under section 2(15) of the Act. The Tribunal emphasized that the collection of various fees was merely incidental to the primary charitable activities, dismissing the Revenue's appeal and confirming the association's entitlement to exemptions. en-us Fri, 26 Jun 2015 00:00:00 +0530 Sat, 07 Nov 2015 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262253 The Tribunal upheld the decision to grant exemption under section 10(23C)(iv) of the Income Tax Act to the association, affirming that its activities are charitable and not commercial in nature. The association's efforts to assist members in expanding global reach and increasing exports were deemed aligned with charitable purposes under section 2(15) of the Act. The Tribunal emphasized that the collection of various fees was merely incidental to the primary charitable activities, dismissing the Revenue's appeal and confirming the association's entitlement to exemptions. Case-Laws Income Tax Fri, 26 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262253