https://www.taxtmi.com/caselaws?id=375021 The High Court upheld the Tribunal's decision in favor of the assessee regarding entitlement to benefits under Section 12AA and Section 80G of the Income Tax Act. The Court agreed with the Tribunal that the assessee's activities were charitable and of public cause, despite the Revenue's arguments. The Tribunal's interpretation of the term 'otherwise' in Section 2(15) was deemed appropriate, and the Court ruled against the Revenue's appeals. The Assessing Officer was directed to consider the charitable nature of the activities during assessment, and no costs were awarded in the case. en-us Wed, 02 Jan 2019 00:00:00 +0530 Wed, 13 Feb 2019 06:10:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375021 The High Court upheld the Tribunal's decision in favor of the assessee regarding entitlement to benefits under Section 12AA and Section 80G of the Income Tax Act. The Court agreed with the Tribunal that the assessee's activities were charitable and of public cause, despite the Revenue's arguments. The Tribunal's interpretation of the term 'otherwise' in Section 2(15) was deemed appropriate, and the Court ruled against the Revenue's appeals. The Assessing Officer was directed to consider the charitable nature of the activities during assessment, and no costs were awarded in the case. Case-Laws Income Tax Wed, 02 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375021