https://www.taxtmi.com/caselaws?id=11848 The High Court held that the assessee-club was a charitable institution under section 2(15) of the Income-tax Act, 1961, as its dominant object was to promote sports. The income of the assessee was deemed entitled to exemption under section 11 of the Income-tax Act, 1961, read with section 2(15) of the Income-tax Act, as it was applied for charitable purposes. The court ruled in favor of the assessee on both issues, overturning the Tribunal's decisions. en-us Thu, 29 Aug 2002 00:00:00 +0530 Sun, 06 Feb 2011 02:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11848 The High Court held that the assessee-club was a charitable institution under section 2(15) of the Income-tax Act, 1961, as its dominant object was to promote sports. The income of the assessee was deemed entitled to exemption under section 11 of the Income-tax Act, 1961, read with section 2(15) of the Income-tax Act, as it was applied for charitable purposes. The court ruled in favor of the assessee on both issues, overturning the Tribunal's decisions. Case-Laws Income Tax Thu, 29 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11848