https://www.taxtmi.com/caselaws?id=418724 The ITAT upheld the CIT(A)'s decision, ruling that the trust's activities were educational and charitable, not commercial, and qualified for exemption under section 11 of the Income Tax Act. The trust's income from property rentals and other incidental activities was considered in furtherance of its charitable objectives, emphasizing the educational nature of its endeavors and lack of profit motive. The ITAT highlighted the trust's consistent recognition as a charitable institution and referenced CBDT Circular No. 11/2008 to support its conclusion. en-us Fri, 04 Feb 2022 00:00:00 +0530 Wed, 23 Feb 2022 08:28:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418724 The ITAT upheld the CIT(A)'s decision, ruling that the trust's activities were educational and charitable, not commercial, and qualified for exemption under section 11 of the Income Tax Act. The trust's income from property rentals and other incidental activities was considered in furtherance of its charitable objectives, emphasizing the educational nature of its endeavors and lack of profit motive. The ITAT highlighted the trust's consistent recognition as a charitable institution and referenced CBDT Circular No. 11/2008 to support its conclusion. Case-Laws Income Tax Fri, 04 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418724