https://www.taxtmi.com/caselaws?id=191927 The Court upheld the Income Tax Appellate Tribunal's decision granting exemption to the assessee trust under Section 11. The trust's activities promoting artistic and cultural expression were deemed charitable despite letting out its premises commercially. The Court emphasized the trust's history of supporting cultural activities and deemed the expenditure towards donations as serving a charitable purpose. The Court found no reason to interfere with past rulings supporting the trust's charitable status, dismissing the Revenue's appeal and affirming the trust's entitlement to exemption under Section 11. en-us Wed, 05 Sep 2012 00:00:00 +0530 Wed, 03 May 2017 16:55:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191927 The Court upheld the Income Tax Appellate Tribunal's decision granting exemption to the assessee trust under Section 11. The trust's activities promoting artistic and cultural expression were deemed charitable despite letting out its premises commercially. The Court emphasized the trust's history of supporting cultural activities and deemed the expenditure towards donations as serving a charitable purpose. The Court found no reason to interfere with past rulings supporting the trust's charitable status, dismissing the Revenue's appeal and affirming the trust's entitlement to exemption under Section 11. Case-Laws Income Tax Wed, 05 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191927