https://www.taxtmi.com/caselaws?id=361780 The Tribunal held that the activities of the assessee, focused on financial education and awareness through investor programs, did not qualify as "education" or "advancement of any other object of general public utility" under the Income Tax Act. The Tribunal found that the sponsorship-based revenue-generating nature of the activities did not meet the altruistic requirements for charitable purposes. Consequently, the assessee was deemed ineligible for registration under Section 12AA, with the Tribunal upholding the Commissioner's denial of registration. The appeal was dismissed on June 11, 2018, in Chennai. en-us Mon, 11 Jun 2018 00:00:00 +0530 Wed, 13 Jun 2018 16:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361780 The Tribunal held that the activities of the assessee, focused on financial education and awareness through investor programs, did not qualify as "education" or "advancement of any other object of general public utility" under the Income Tax Act. The Tribunal found that the sponsorship-based revenue-generating nature of the activities did not meet the altruistic requirements for charitable purposes. Consequently, the assessee was deemed ineligible for registration under Section 12AA, with the Tribunal upholding the Commissioner's denial of registration. The appeal was dismissed on June 11, 2018, in Chennai. Case-Laws Income Tax Mon, 11 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361780