https://www.taxtmi.com/caselaws?id=280904 The Tribunal dismissed the Revenue's appeal, affirming the CIT (A)'s decision that the assessee society's activities were educational, not business-related. It was held that the society's income sources primarily from grants and membership fees aligned with educational purposes, not trade or commerce. The judgment relied on legal precedents and the rule of consistency, emphasizing the nature of the society's activities in relation to the Income Tax Act, 1961, specifically section 2(15). en-us Fri, 11 May 2018 00:00:00 +0530 Sat, 25 May 2019 09:52:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280904 The Tribunal dismissed the Revenue's appeal, affirming the CIT (A)'s decision that the assessee society's activities were educational, not business-related. It was held that the society's income sources primarily from grants and membership fees aligned with educational purposes, not trade or commerce. The judgment relied on legal precedents and the rule of consistency, emphasizing the nature of the society's activities in relation to the Income Tax Act, 1961, specifically section 2(15). Case-Laws Income Tax Fri, 11 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280904