https://www.taxtmi.com/caselaws?id=182279 The High Court dismissed all appeals filed by the revenue for the assessment years 2005-06, 2007-08, and 2008-09. The Tribunal allowed exemption under section 11 of the Income Tax Act to the respondent-assessee, emphasizing the charitable nature of providing accommodation to economically weaker sections without profit motives. The Court upheld the Tribunal's decision, citing the precedent in CIT v. Gujarat Maritime Board, and concluded that the respondent-assessee's activities were charitable, leading to the dismissal of the revenue's appeals. en-us Fri, 08 Mar 2013 00:00:00 +0530 Fri, 06 May 2016 15:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182279 The High Court dismissed all appeals filed by the revenue for the assessment years 2005-06, 2007-08, and 2008-09. The Tribunal allowed exemption under section 11 of the Income Tax Act to the respondent-assessee, emphasizing the charitable nature of providing accommodation to economically weaker sections without profit motives. The Court upheld the Tribunal's decision, citing the precedent in CIT v. Gujarat Maritime Board, and concluded that the respondent-assessee's activities were charitable, leading to the dismissal of the revenue's appeals. Case-Laws Income Tax Fri, 08 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182279