https://www.taxtmi.com/caselaws?id=200089 The Tribunal upheld the order of the CIT(A) allowing income tax exemptions under sections 11 and 12 of the Income Tax Act for the assessee trust. It determined that the trust's activities, including letting out properties for educational purposes, aligned with charitable objectives. The Tribunal emphasized that providing educational assistance was charitable, citing precedents and consistent exemption grants to the trust. Therefore, the Revenue's appeal was dismissed, affirming the trust's eligibility for exemptions based on its educational endeavors. en-us Wed, 20 Aug 2014 00:00:00 +0530 Tue, 20 Mar 2018 07:51:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200089 The Tribunal upheld the order of the CIT(A) allowing income tax exemptions under sections 11 and 12 of the Income Tax Act for the assessee trust. It determined that the trust's activities, including letting out properties for educational purposes, aligned with charitable objectives. The Tribunal emphasized that providing educational assistance was charitable, citing precedents and consistent exemption grants to the trust. Therefore, the Revenue's appeal was dismissed, affirming the trust's eligibility for exemptions based on its educational endeavors. Case-Laws Income Tax Wed, 20 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200089