https://www.taxtmi.com/caselaws?id=414545 The appeal was allowed by the Tribunal, directing the CIT(E) to grant approval under section 12AA of the Income Tax Act. The Tribunal found that the appellant, a Section 8 company, engaged in activities falling within the "general public utility" clause of section 2(15) and emphasized compliance with non-commercial objectives. The Tribunal highlighted the importance of Section 8 registration in ensuring charitable intent and adherence to relevant laws, ultimately ruling in favor of the assessee and enabling benefits under sections 11 and 12 subject to annual assessment by the Assessing Officer. en-us Tue, 02 Nov 2021 00:00:00 +0530 Wed, 10 Nov 2021 07:02:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414545 The appeal was allowed by the Tribunal, directing the CIT(E) to grant approval under section 12AA of the Income Tax Act. The Tribunal found that the appellant, a Section 8 company, engaged in activities falling within the "general public utility" clause of section 2(15) and emphasized compliance with non-commercial objectives. The Tribunal highlighted the importance of Section 8 registration in ensuring charitable intent and adherence to relevant laws, ultimately ruling in favor of the assessee and enabling benefits under sections 11 and 12 subject to annual assessment by the Assessing Officer. Case-Laws Income Tax Tue, 02 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414545