https://www.taxtmi.com/caselaws?id=353453 The Tribunal dismissed the revenue's appeals for both assessment years, upholding that the assessee is not engaged in business or commercial activities and is entitled to exemption under section 11 of the Income Tax Act, 1961. The Tribunal emphasized that the assessee's activities are aligned with its charitable objectives and not driven by profit motives, thus not falling under the amended provisions of section 2(15). en-us Wed, 27 Dec 2017 00:00:00 +0530 Thu, 04 Jan 2018 18:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353453 The Tribunal dismissed the revenue's appeals for both assessment years, upholding that the assessee is not engaged in business or commercial activities and is entitled to exemption under section 11 of the Income Tax Act, 1961. The Tribunal emphasized that the assessee's activities are aligned with its charitable objectives and not driven by profit motives, thus not falling under the amended provisions of section 2(15). Case-Laws Income Tax Wed, 27 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353453