https://www.taxtmi.com/caselaws?id=195767 The tribunal partially allowed both appeals for statistical purposes. The disallowance of additions based on services provided to members and the commercial nature of activities was dismissed. However, the disallowance of expenditure on the Global Trade Development Programme was upheld. The tribunal also ruled in favor of the appellant regarding taxability under section 28(iii) and eligibility for exemptions under sections 11 & 12, remanding the issue of payment for professional services back to the Assessing Officer for verification. The decision included detailed analysis and references to legal precedents. en-us Fri, 08 Apr 2016 00:00:00 +0530 Fri, 10 Nov 2017 08:09:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195767 The tribunal partially allowed both appeals for statistical purposes. The disallowance of additions based on services provided to members and the commercial nature of activities was dismissed. However, the disallowance of expenditure on the Global Trade Development Programme was upheld. The tribunal also ruled in favor of the appellant regarding taxability under section 28(iii) and eligibility for exemptions under sections 11 & 12, remanding the issue of payment for professional services back to the Assessing Officer for verification. The decision included detailed analysis and references to legal precedents. Case-Laws Income Tax Fri, 08 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195767