https://www.taxtmi.com/caselaws?id=409713 The Tribunal upheld the CIT(A)'s decision, confirming the trust's entitlement to exemptions under sections 11 and 12 of the Income Tax Act. It found the trust's activities charitable based on the principle of mutuality, not involving profit motives or commercial trade. The Tribunal dismissed the Revenue's appeals, affirming the trust's eligibility for exemptions and deletion of additions by the AO. en-us Tue, 22 Jun 2021 00:00:00 +0530 Wed, 14 Jul 2021 11:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409713 The Tribunal upheld the CIT(A)'s decision, confirming the trust's entitlement to exemptions under sections 11 and 12 of the Income Tax Act. It found the trust's activities charitable based on the principle of mutuality, not involving profit motives or commercial trade. The Tribunal dismissed the Revenue's appeals, affirming the trust's eligibility for exemptions and deletion of additions by the AO. Case-Laws Income Tax Tue, 22 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409713