https://www.taxtmi.com/caselaws?id=270778 The Tribunal dismissed Revenue's appeals for Assessment Years 2006-07, 2008-09, and 2009-10, upholding the exemption granted to the charitable trust under section 11 of the Income Tax Act. The trust's activities aligned with its charitable objectives, including Arts & Sports development, and were deemed compliant with legal requirements. Despite the lack of separate books for different sports, the trust's eligibility for exemption was affirmed based on its consistent adherence to its trust deed and relevant tax provisions. The decision ensured the trust's continued eligibility for exemption and emphasized its dedication to charitable endeavors. en-us Mon, 26 Oct 2015 00:00:00 +0530 Fri, 15 Jan 2016 11:29:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270778 The Tribunal dismissed Revenue's appeals for Assessment Years 2006-07, 2008-09, and 2009-10, upholding the exemption granted to the charitable trust under section 11 of the Income Tax Act. The trust's activities aligned with its charitable objectives, including Arts & Sports development, and were deemed compliant with legal requirements. Despite the lack of separate books for different sports, the trust's eligibility for exemption was affirmed based on its consistent adherence to its trust deed and relevant tax provisions. The decision ensured the trust's continued eligibility for exemption and emphasized its dedication to charitable endeavors. Case-Laws Income Tax Mon, 26 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270778