https://www.taxtmi.com/caselaws?id=417785 The Tribunal upheld decisions in favor of the assessee, ruling that despite generating income, the society's activities were not commercial but charitable, entitling it to exemption under Section 11 of the Income Tax Act, 1961. Previous judgments and High Court rulings supported the finding that the society's operations were non-profit in nature, distinguishing them from commercial endeavors. The Revenue's appeals were dismissed based on established precedents, affirming the eligibility of the assessee for tax exemption. en-us Thu, 27 Jan 2022 00:00:00 +0530 Tue, 01 Feb 2022 08:31:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417785 The Tribunal upheld decisions in favor of the assessee, ruling that despite generating income, the society's activities were not commercial but charitable, entitling it to exemption under Section 11 of the Income Tax Act, 1961. Previous judgments and High Court rulings supported the finding that the society's operations were non-profit in nature, distinguishing them from commercial endeavors. The Revenue's appeals were dismissed based on established precedents, affirming the eligibility of the assessee for tax exemption. Case-Laws Income Tax Thu, 27 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417785