https://www.taxtmi.com/caselaws?id=415836 The HC dismissed the appeals, affirming the Tribunal's decision that the assessee's activities were commercial and did not qualify as charitable purposes under Section 2(15) of the Income Tax Act. The court agreed that the activities were primarily commercial, involving trade, commerce, or business, and thus were subject to the proviso to Section 2(15). Consequently, the assessee was not entitled to exemption under Section 12A. The appeals were dismissed without any order as to costs. en-us Tue, 07 Sep 2021 00:00:00 +0530 Wed, 31 Jan 2024 10:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415836 The HC dismissed the appeals, affirming the Tribunal's decision that the assessee's activities were commercial and did not qualify as charitable purposes under Section 2(15) of the Income Tax Act. The court agreed that the activities were primarily commercial, involving trade, commerce, or business, and thus were subject to the proviso to Section 2(15). Consequently, the assessee was not entitled to exemption under Section 12A. The appeals were dismissed without any order as to costs. Case-Laws Income Tax Tue, 07 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415836