https://www.taxtmi.com/caselaws?id=406041 The Appellate Tribunal allowed the appeal, restoring the exemption under Section 11 for the assessee. It rejected the classification of the assessee's income as business income, emphasizing that organizing seminars was integral to promoting internet and e-commerce, aligning with its charitable objectives. The Tribunal disagreed with the application of the mutuality principle, concluding that the activities did not fall under mutuality. The Tribunal held that generating surplus from incidental activities does not disqualify an institution from being considered charitable under Section 2(15). en-us Fri, 12 Mar 2021 00:00:00 +0530 Mon, 05 Apr 2021 09:20:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406041 The Appellate Tribunal allowed the appeal, restoring the exemption under Section 11 for the assessee. It rejected the classification of the assessee's income as business income, emphasizing that organizing seminars was integral to promoting internet and e-commerce, aligning with its charitable objectives. The Tribunal disagreed with the application of the mutuality principle, concluding that the activities did not fall under mutuality. The Tribunal held that generating surplus from incidental activities does not disqualify an institution from being considered charitable under Section 2(15). Case-Laws Income Tax Fri, 12 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406041