https://www.taxtmi.com/caselaws?id=345750 The Tribunal allowed the appeal, overturning the denial of exemption under sections 11 and 12 of the Act by the ld. CIT (A). The society, registered under sections 12A and 80G, focused on promoting talent in music and performing arts. The Tribunal determined that the activities, including music festivals and sponsorship fees, were not commercial but aligned with cultural and social objectives. Relying on precedents, the Tribunal held the assessee eligible for renewal of approval under Section 80G, quashing the orders of the ld. CIT (A) and the Assessing Officer. The appeal was allowed in favor of the assessee. en-us Fri, 10 Mar 2017 00:00:00 +0530 Wed, 26 Jul 2017 08:16:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345750 The Tribunal allowed the appeal, overturning the denial of exemption under sections 11 and 12 of the Act by the ld. CIT (A). The society, registered under sections 12A and 80G, focused on promoting talent in music and performing arts. The Tribunal determined that the activities, including music festivals and sponsorship fees, were not commercial but aligned with cultural and social objectives. Relying on precedents, the Tribunal held the assessee eligible for renewal of approval under Section 80G, quashing the orders of the ld. CIT (A) and the Assessing Officer. The appeal was allowed in favor of the assessee. Case-Laws Income Tax Fri, 10 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345750