https://www.taxtmi.com/caselaws?id=370778 The Tribunal ruled in favor of the appellant, holding that the trust's activities were charitable and not commercial. It found that the construction and sale of dwelling units primarily aimed at providing affordable housing for economically weaker sections aligned with the objects of general public utility. The Tribunal directed the Assessing Officer to allow the benefits of exemption under section 11 of the Income Tax Act, 1961, and granted the exemptions and deductions under sections 11 and 12 to the assessee. en-us Fri, 16 Nov 2018 00:00:00 +0530 Fri, 23 Nov 2018 09:38:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370778 The Tribunal ruled in favor of the appellant, holding that the trust's activities were charitable and not commercial. It found that the construction and sale of dwelling units primarily aimed at providing affordable housing for economically weaker sections aligned with the objects of general public utility. The Tribunal directed the Assessing Officer to allow the benefits of exemption under section 11 of the Income Tax Act, 1961, and granted the exemptions and deductions under sections 11 and 12 to the assessee. Case-Laws Income Tax Fri, 16 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370778