https://www.taxtmi.com/caselaws?id=390232 The High Court upheld the Tribunal's decision to send the case back for reconsideration regarding an alumni association's exemption under Section 12AA for charitable purposes. The Court deemed the school's certification relevant but not automatically granting exemption to the association. It found the Tribunal's action legal and allowed the Commissioner to reassess the association's compliance with Section 12AA, considering its growth since the initial application. The Court dismissed the appeal, leading to the disposal of any pending applications in the case. en-us Mon, 09 Dec 2019 00:00:00 +0530 Thu, 26 Dec 2019 07:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390232 The High Court upheld the Tribunal's decision to send the case back for reconsideration regarding an alumni association's exemption under Section 12AA for charitable purposes. The Court deemed the school's certification relevant but not automatically granting exemption to the association. It found the Tribunal's action legal and allowed the Commissioner to reassess the association's compliance with Section 12AA, considering its growth since the initial application. The Court dismissed the appeal, leading to the disposal of any pending applications in the case. Case-Laws Income Tax Mon, 09 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390232