https://www.taxtmi.com/caselaws?id=175593 The Tribunal upheld the CIT(A) orders directing the Assessing Officer to grant exemption u/s 11 of the IT Act 1961 to the sports club, treating it as a Public Trust. The Revenue's appeal against considering the club a charitable institution was dismissed, citing precedent decisions in favor of the assessee by various benches of the Mumbai Tribunal. Previous rulings for assessment years 2003-04, 2004-05, and 2006-07 had favored the assessee, leading to the dismissal of both Revenue's appeals. en-us Wed, 24 Mar 2010 00:00:00 +0530 Fri, 27 Nov 2015 17:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175593 The Tribunal upheld the CIT(A) orders directing the Assessing Officer to grant exemption u/s 11 of the IT Act 1961 to the sports club, treating it as a Public Trust. The Revenue's appeal against considering the club a charitable institution was dismissed, citing precedent decisions in favor of the assessee by various benches of the Mumbai Tribunal. Previous rulings for assessment years 2003-04, 2004-05, and 2006-07 had favored the assessee, leading to the dismissal of both Revenue's appeals. Case-Laws Income Tax Wed, 24 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175593