https://www.taxtmi.com/caselaws?id=177316 The Tribunal upheld the CIT(A)'s decision, determining that the assessee society's activities promoting swimming were charitable and did not involve commercial elements. The society qualified for exemption under Section 11 of the Income Tax Act as its objectives aligned with educational purposes under Section 2(15), thus not triggering the proviso to Section 2(15). The Tribunal dismissed the Revenue's appeal, affirming the society's eligibility for exemption and maintaining its registration under Section 12AA. en-us Thu, 13 Nov 2014 00:00:00 +0530 Thu, 07 Jan 2016 10:37:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177316 The Tribunal upheld the CIT(A)'s decision, determining that the assessee society's activities promoting swimming were charitable and did not involve commercial elements. The society qualified for exemption under Section 11 of the Income Tax Act as its objectives aligned with educational purposes under Section 2(15), thus not triggering the proviso to Section 2(15). The Tribunal dismissed the Revenue's appeal, affirming the society's eligibility for exemption and maintaining its registration under Section 12AA. Case-Laws Income Tax Thu, 13 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177316