https://www.taxtmi.com/caselaws?id=345699 The High Court upheld the Tribunal's decision, ruling in favor of the assessee and confirming their entitlement to exemptions under Sections 11 and 12 of the Income Tax Act. The Court determined that the assessee's activities were charitable in nature and not commercial, thus not falling under the proviso to Section 2(15) of the Act. The Court emphasized that the primary objective of the assessee aligned with charitable purposes, serving public utility without the aim of profit-making. en-us Wed, 28 Jun 2017 00:00:00 +0530 Tue, 25 Jul 2017 16:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345699 The High Court upheld the Tribunal's decision, ruling in favor of the assessee and confirming their entitlement to exemptions under Sections 11 and 12 of the Income Tax Act. The Court determined that the assessee's activities were charitable in nature and not commercial, thus not falling under the proviso to Section 2(15) of the Act. The Court emphasized that the primary objective of the assessee aligned with charitable purposes, serving public utility without the aim of profit-making. Case-Laws Income Tax Wed, 28 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345699