https://www.taxtmi.com/caselaws?id=281912 The Appellate Tribunal upheld the decision of the Ld.CIT(A) granting exemption under Sections 11 & 12 of the Income Tax Act to a trade association registered as a charitable society. The Tribunal relied on previous judgments of the ITAT Chennai Benches and the Madras High Court, which had consistently recognized the appellant's activities as charitable and operating under the concept of mutuality. Despite the Revenue's appeal, the Tribunal found the issue settled by prior decisions and dismissed the appeal, affirming the grant of exemption to the appellant. en-us Fri, 06 Oct 2017 00:00:00 +0530 Fri, 12 Jul 2019 08:20:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281912 The Appellate Tribunal upheld the decision of the Ld.CIT(A) granting exemption under Sections 11 & 12 of the Income Tax Act to a trade association registered as a charitable society. The Tribunal relied on previous judgments of the ITAT Chennai Benches and the Madras High Court, which had consistently recognized the appellant's activities as charitable and operating under the concept of mutuality. Despite the Revenue's appeal, the Tribunal found the issue settled by prior decisions and dismissed the appeal, affirming the grant of exemption to the appellant. Case-Laws Income Tax Fri, 06 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281912