https://www.taxtmi.com/caselaws?id=342667 An entity claiming exemption as a charitable organisation under the head of general public utility loses section 11 relief where its predominant year's activity is revenue-generating, including seminars, advertisements, delegate fees, interest and miscellaneous income, and its receipts bring it within the proviso to section 2(15). On those facts, the activity is treated as involving trade, commerce, business, or services in relation thereto, and the statutory monetary threshold under the proviso is exceeded, so the exemption fails. Mutuality also does not apply where receipts are not confined exclusively to members and include income from non-members and independent revenue activities; the required identity between contributors and participators is absent. en-us Tue, 31 Jan 2017 00:00:00 +0530 Tue, 09 May 2017 20:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342667 An entity claiming exemption as a charitable organisation under the head of general public utility loses section 11 relief where its predominant year's activity is revenue-generating, including seminars, advertisements, delegate fees, interest and miscellaneous income, and its receipts bring it within the proviso to section 2(15). On those facts, the activity is treated as involving trade, commerce, business, or services in relation thereto, and the statutory monetary threshold under the proviso is exceeded, so the exemption fails. Mutuality also does not apply where receipts are not confined exclusively to members and include income from non-members and independent revenue activities; the required identity between contributors and participators is absent. Case-Laws Income Tax Tue, 31 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342667