https://www.taxtmi.com/caselaws?id=362686 The ITAT allowed the assessee's appeal, affirming its entitlement to exemption u/s 11 of the Income-tax Act, 1961 for the assessment year 2014-15. The tribunal determined that the assessee's activities, focused on public health through water quality testing for HMWSSB, aligned with advancing general public utility under Section 2(15) of the Act. Emphasizing the nonprofit nature of the organization and its objective of ensuring quality water supply to the public, the ITAT differentiated the assessee from profit-driven entities, ultimately granting the exemption based on the charitable nature of the activities. en-us Thu, 28 Jun 2018 00:00:00 +0530 Sat, 30 Jun 2018 09:00:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362686 The ITAT allowed the assessee's appeal, affirming its entitlement to exemption u/s 11 of the Income-tax Act, 1961 for the assessment year 2014-15. The tribunal determined that the assessee's activities, focused on public health through water quality testing for HMWSSB, aligned with advancing general public utility under Section 2(15) of the Act. Emphasizing the nonprofit nature of the organization and its objective of ensuring quality water supply to the public, the ITAT differentiated the assessee from profit-driven entities, ultimately granting the exemption based on the charitable nature of the activities. Case-Laws Income Tax Thu, 28 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362686