https://www.taxtmi.com/caselaws?id=394707 The ITAT Delhi dismissed the Revenue's appeal, upholding the assessee's eligibility for exemptions under sections 11 and 12 of the Act. The Tribunal emphasized consistency in income tax proceedings and relied on a previous judgment for AY 2011-12 where the Departmental appeal was rejected. It was affirmed that the assessee's activities were in line with its registered objectives of promoting education in sports and youth development, not constituting business or commerce as per the first proviso to section 2(15) of the Act. en-us Tue, 11 Feb 2020 00:00:00 +0530 Wed, 22 Apr 2020 11:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394707 The ITAT Delhi dismissed the Revenue's appeal, upholding the assessee's eligibility for exemptions under sections 11 and 12 of the Act. The Tribunal emphasized consistency in income tax proceedings and relied on a previous judgment for AY 2011-12 where the Departmental appeal was rejected. It was affirmed that the assessee's activities were in line with its registered objectives of promoting education in sports and youth development, not constituting business or commerce as per the first proviso to section 2(15) of the Act. Case-Laws Income Tax Tue, 11 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394707