https://www.taxtmi.com/caselaws?id=371556 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeals for both assessment years. It concluded that the receipts from sponsorship fees and royalties are not business income under Section 2(15), the expenditure incurred outside India is allowable under Section 11(1)(c), and the telephone expenses claimed are legitimate. The Tribunal found no infirmity in the CIT(A)'s order, affirming that the assessee's activities are charitable and compliant with the provisions of the Income Tax Act. en-us Mon, 03 Dec 2018 00:00:00 +0530 Thu, 06 Dec 2018 05:35:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371556 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeals for both assessment years. It concluded that the receipts from sponsorship fees and royalties are not business income under Section 2(15), the expenditure incurred outside India is allowable under Section 11(1)(c), and the telephone expenses claimed are legitimate. The Tribunal found no infirmity in the CIT(A)'s order, affirming that the assessee's activities are charitable and compliant with the provisions of the Income Tax Act. Case-Laws Income Tax Mon, 03 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371556