https://www.taxtmi.com/caselaws?id=414441 The Tribunal allowed the appeal of the appellant company, directing the CIT(E) to grant approval for registration under Section 12AA of the Income Tax Act. The Tribunal recognized the company's objects as falling within the scope of "charitable purpose" under Section 2(15) of the Act. It emphasized the non-commercial nature of the company's activities as per its Memorandum of Association and the additional assurance provided by its status as a Section 8 company. The Tribunal highlighted the need for the Assessing Officer to assess benefits under relevant sections during regular assessments. en-us Tue, 02 Nov 2021 00:00:00 +0530 Mon, 08 Nov 2021 07:01:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414441 The Tribunal allowed the appeal of the appellant company, directing the CIT(E) to grant approval for registration under Section 12AA of the Income Tax Act. The Tribunal recognized the company's objects as falling within the scope of "charitable purpose" under Section 2(15) of the Act. It emphasized the non-commercial nature of the company's activities as per its Memorandum of Association and the additional assurance provided by its status as a Section 8 company. The Tribunal highlighted the need for the Assessing Officer to assess benefits under relevant sections during regular assessments. Case-Laws Income Tax Tue, 02 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414441