https://www.taxtmi.com/caselaws?id=286556 The Tribunal upheld the CIT(A)'s decision granting exemption u/s. 11 of the Income Tax Act to the assessee trust for A.Y. 2010-11. It concluded that the pharmacy store's operation within the hospital was integral to the trust's charitable objectives, aligning with previous legal precedents. The Tribunal emphasized the pharmacy's ancillary role in supporting the hospital's activities and dismissed the revenue's appeal, affirming the exemption based on the pharmacy's contribution to the trust's philanthropic mission. en-us Wed, 17 Aug 2016 00:00:00 +0530 Wed, 04 Mar 2020 11:20:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286556 The Tribunal upheld the CIT(A)'s decision granting exemption u/s. 11 of the Income Tax Act to the assessee trust for A.Y. 2010-11. It concluded that the pharmacy store's operation within the hospital was integral to the trust's charitable objectives, aligning with previous legal precedents. The Tribunal emphasized the pharmacy's ancillary role in supporting the hospital's activities and dismissed the revenue's appeal, affirming the exemption based on the pharmacy's contribution to the trust's philanthropic mission. Case-Laws Income Tax Wed, 17 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286556