https://www.taxtmi.com/caselaws?id=412829 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision in favor of the assessee. It found the activities to be charitable, falling within the specific category of preservation of the environment and not commercial. The exemption under Section 11 was upheld, and the disallowance of capital expenditure and loan repayment was rejected. The registration under Section 12A was deemed correct for environmental preservation purposes. en-us Wed, 22 Sep 2021 00:00:00 +0530 Mon, 27 Sep 2021 08:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412829 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision in favor of the assessee. It found the activities to be charitable, falling within the specific category of preservation of the environment and not commercial. The exemption under Section 11 was upheld, and the disallowance of capital expenditure and loan repayment was rejected. The registration under Section 12A was deemed correct for environmental preservation purposes. Case-Laws Income Tax Wed, 22 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412829