https://www.taxtmi.com/caselaws?id=381720 The High Court dismissed the appeals challenging assessment orders for the Assessment Years 2009-2010 and 2010-2011, regarding the corporation's eligibility for exemption under Section 10(26B) of the Income Tax Act, 1961. The court found that the corporation's objectives and activities did not align with the requirements for exemption as they primarily focused on welfare schemes for police personnel without specific reference to Scheduled Castes, Scheduled Tribes, or backward classes. The court upheld the authorities' assessments, emphasizing the need for activities promoting the interests of the specified groups for exemption eligibility, which was lacking in this case. en-us Tue, 12 Feb 2019 00:00:00 +0530 Mon, 17 Jun 2019 18:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381720 The High Court dismissed the appeals challenging assessment orders for the Assessment Years 2009-2010 and 2010-2011, regarding the corporation's eligibility for exemption under Section 10(26B) of the Income Tax Act, 1961. The court found that the corporation's objectives and activities did not align with the requirements for exemption as they primarily focused on welfare schemes for police personnel without specific reference to Scheduled Castes, Scheduled Tribes, or backward classes. The court upheld the authorities' assessments, emphasizing the need for activities promoting the interests of the specified groups for exemption eligibility, which was lacking in this case. Case-Laws Income Tax Tue, 12 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381720