https://www.taxtmi.com/caselaws?id=357184 The Tribunal upheld the CIT(A)'s decision to grant the trust exemption under Sections 11 and 12 of the Income Tax Act. It found the trust's activities to be charitable in nature, aligned with its objectives, and compliant with the law. The Tribunal dismissed the Revenue's appeal, emphasizing that the trust's income was being utilized solely for charitable purposes, as required by law. Previous judicial decisions and the CBDT's clarifications supported the trust's entitlement to exemption under Sections 11 and 12. en-us Fri, 09 Mar 2018 00:00:00 +0530 Sun, 18 Mar 2018 15:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357184 The Tribunal upheld the CIT(A)'s decision to grant the trust exemption under Sections 11 and 12 of the Income Tax Act. It found the trust's activities to be charitable in nature, aligned with its objectives, and compliant with the law. The Tribunal dismissed the Revenue's appeal, emphasizing that the trust's income was being utilized solely for charitable purposes, as required by law. Previous judicial decisions and the CBDT's clarifications supported the trust's entitlement to exemption under Sections 11 and 12. Case-Laws Income Tax Fri, 09 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357184