https://www.taxtmi.com/caselaws?id=417228 The High Court upheld the Tribunal's decision in favor of the respondent-assessee Trust, ruling that the Commissioner of Income Tax could not reverse the assessment order under Section 263 of the Income Tax Act. The Court emphasized the limited scope of the Commissioner's jurisdiction and affirmed the charitable nature of the Trust's activities, despite engaging in some commercial activities. The Court dismissed the appeal, finding no substantial question of law and supporting the grant of exemption to the Trust. en-us Wed, 12 Jan 2022 00:00:00 +0530 Tue, 18 Jan 2022 08:46:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417228 The High Court upheld the Tribunal's decision in favor of the respondent-assessee Trust, ruling that the Commissioner of Income Tax could not reverse the assessment order under Section 263 of the Income Tax Act. The Court emphasized the limited scope of the Commissioner's jurisdiction and affirmed the charitable nature of the Trust's activities, despite engaging in some commercial activities. The Court dismissed the appeal, finding no substantial question of law and supporting the grant of exemption to the Trust. Case-Laws Income Tax Wed, 12 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417228