https://www.taxtmi.com/caselaws?id=365659 The ITAT upheld the CIT(A)'s decision, allowing exemption under section 11 of the I.T. Act and dismissing the Revenue's appeal. It found the trust's activities to be genuinely charitable, rejecting claims of commercial activities or violation of section 13(1)(c). The ITAT emphasized that the trust's primary objective was to provide medical relief, and any profits were incidental and did not disqualify it as a charitable institution. The ITAT also deemed the consultancy fees paid to the managing trustee as reasonable, concluding that there was no evidence of misuse of trust property. en-us Fri, 03 Aug 2018 00:00:00 +0530 Tue, 21 Aug 2018 07:59:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365659 The ITAT upheld the CIT(A)'s decision, allowing exemption under section 11 of the I.T. Act and dismissing the Revenue's appeal. It found the trust's activities to be genuinely charitable, rejecting claims of commercial activities or violation of section 13(1)(c). The ITAT emphasized that the trust's primary objective was to provide medical relief, and any profits were incidental and did not disqualify it as a charitable institution. The ITAT also deemed the consultancy fees paid to the managing trustee as reasonable, concluding that there was no evidence of misuse of trust property. Case-Laws Income Tax Fri, 03 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365659