https://www.taxtmi.com/caselaws?id=387178 The Appellate Tribunal ITAT DELHI upheld the assessee's eligibility for exemption under section 11 of the Income Tax Act for the assessment year 2011-12. The decision was based on the charitable nature of the organization's activities, the absence of profit motives, and the utilization of income for charitable purposes, despite income generated from commercial activities like newspaper publication. The Tribunal rejected the Revenue's appeal, affirming the Ld. CIT(A)'s order and emphasizing the consistent application of exemptions to the assessee in previous years. en-us Tue, 17 Sep 2019 00:00:00 +0530 Fri, 18 Oct 2019 07:52:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387178 The Appellate Tribunal ITAT DELHI upheld the assessee's eligibility for exemption under section 11 of the Income Tax Act for the assessment year 2011-12. The decision was based on the charitable nature of the organization's activities, the absence of profit motives, and the utilization of income for charitable purposes, despite income generated from commercial activities like newspaper publication. The Tribunal rejected the Revenue's appeal, affirming the Ld. CIT(A)'s order and emphasizing the consistent application of exemptions to the assessee in previous years. Case-Laws Income Tax Tue, 17 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387178