https://www.taxtmi.com/caselaws?id=395303 The Appellate Tribunal ITAT Chennai ruled in favor of the assessee for Assessment Year 2010-11, holding the assessment as time-barred due to reopening beyond the statutory period without evidence of the assessee's failure to disclose necessary details. However, for Assessment Years 2011-12 to 2014-15, the Tribunal denied exemption under section 11 of the Act, as operating a Kalyana Mandapam was deemed a commercial activity, not charitable. The Tribunal emphasized the need for entities to engage in charitable activities to qualify for exemption, dismissing the assessee's appeals for the subsequent years. en-us Mon, 03 Feb 2020 00:00:00 +0530 Fri, 15 May 2020 18:33:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395303 The Appellate Tribunal ITAT Chennai ruled in favor of the assessee for Assessment Year 2010-11, holding the assessment as time-barred due to reopening beyond the statutory period without evidence of the assessee's failure to disclose necessary details. However, for Assessment Years 2011-12 to 2014-15, the Tribunal denied exemption under section 11 of the Act, as operating a Kalyana Mandapam was deemed a commercial activity, not charitable. The Tribunal emphasized the need for entities to engage in charitable activities to qualify for exemption, dismissing the assessee's appeals for the subsequent years. Case-Laws Income Tax Mon, 03 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395303