https://www.taxtmi.com/caselaws?id=406243 The Tax Appeal under Section 260A of the Income Tax Act, 1961 for the Assessment Year 2013-14, involving exemptions under sections 11 & 12, applicability of proviso to section 2(15) r.w.s. 13(8) of the Act, and benefit of exemptions under various sections, was dismissed. The Court upheld the Tribunal's decision, citing a similar case where entities promoting cricket were considered eligible for exemptions under Section 11, regardless of commercial activities. The Court found the Tribunal's view reasonable, ruling in favor of the assessee and against the Revenue. en-us Fri, 12 Mar 2021 00:00:00 +0530 Fri, 09 Apr 2021 07:58:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406243 The Tax Appeal under Section 260A of the Income Tax Act, 1961 for the Assessment Year 2013-14, involving exemptions under sections 11 & 12, applicability of proviso to section 2(15) r.w.s. 13(8) of the Act, and benefit of exemptions under various sections, was dismissed. The Court upheld the Tribunal's decision, citing a similar case where entities promoting cricket were considered eligible for exemptions under Section 11, regardless of commercial activities. The Court found the Tribunal's view reasonable, ruling in favor of the assessee and against the Revenue. Case-Laws Income Tax Fri, 12 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406243