https://www.taxtmi.com/caselaws?id=369206 The Tribunal allowed the assessee's appeals, setting aside the CIT(A)'s order. It directed the Assessing Officer to grant exemption under Sections 11/12 of the Income Tax Act, confirming that the assessee's activities were charitable and not profit-driven. The Tribunal rejected the characterization of the assessee as a mutual association and clarified that the proviso to Section 2(15) did not apply. Additionally, the Tribunal upheld the contribution to the Rubber Skill Development Centre as compliant with Section 13(1)(d) of the Income Tax Act. en-us Fri, 12 Oct 2018 00:00:00 +0530 Tue, 23 Oct 2018 06:52:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369206 The Tribunal allowed the assessee's appeals, setting aside the CIT(A)'s order. It directed the Assessing Officer to grant exemption under Sections 11/12 of the Income Tax Act, confirming that the assessee's activities were charitable and not profit-driven. The Tribunal rejected the characterization of the assessee as a mutual association and clarified that the proviso to Section 2(15) did not apply. Additionally, the Tribunal upheld the contribution to the Rubber Skill Development Centre as compliant with Section 13(1)(d) of the Income Tax Act. Case-Laws Income Tax Fri, 12 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369206