https://www.taxtmi.com/caselaws?id=412749 The ITAT upheld the CIT(A)'s decision, granting exemption under Section 11 of the Income Tax Act to the assessee. The ITAT found the assessee's activities to be charitable, focused on providing relief to the poor and rural communities, and not involving trade, commerce, or business. Given the consistency in previous exemptions and the nature of the activities, the proviso to Section 2(15) was deemed inapplicable for the assessment year, allowing the assessee to benefit from the exemption under Section 11. en-us Thu, 23 Sep 2021 00:00:00 +0530 Sat, 25 Sep 2021 09:36:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412749 The ITAT upheld the CIT(A)'s decision, granting exemption under Section 11 of the Income Tax Act to the assessee. The ITAT found the assessee's activities to be charitable, focused on providing relief to the poor and rural communities, and not involving trade, commerce, or business. Given the consistency in previous exemptions and the nature of the activities, the proviso to Section 2(15) was deemed inapplicable for the assessment year, allowing the assessee to benefit from the exemption under Section 11. Case-Laws Income Tax Thu, 23 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412749