https://www.taxtmi.com/caselaws?id=289717 The Tribunal concluded that the assessee's primary purpose was charitable, with activities incidental to this purpose. It determined that income from these activities did not qualify as business income under the amended section 2(15) or section 28(iii) of the Income Tax Act. Consequently, the Tribunal overturned the CIT(A)'s orders and instructed the AO to grant the exemption under section 11 for the relevant assessment years. The assessee's appeals were allowed. en-us Fri, 07 Jun 2019 00:00:00 +0530 Thu, 14 Nov 2024 11:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289717 The Tribunal concluded that the assessee's primary purpose was charitable, with activities incidental to this purpose. It determined that income from these activities did not qualify as business income under the amended section 2(15) or section 28(iii) of the Income Tax Act. Consequently, the Tribunal overturned the CIT(A)'s orders and instructed the AO to grant the exemption under section 11 for the relevant assessment years. The assessee's appeals were allowed. Case-Laws Income Tax Fri, 07 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289717