https://www.taxtmi.com/caselaws?id=424935 The Tribunal held that the assessee's activities are charitable in nature, qualifying for exemption under Sections 11 and 12 of the Income-tax Act, 1961. The Tribunal found that the activities were not for profit, aligned with the charitable purpose, and the registration under Section 12A confirmed the genuineness of the charitable activities. Additionally, the dissolution provisions and comparison with private developers did not impact the assessee's eligibility for exemption. en-us Wed, 06 Jul 2022 00:00:00 +0530 Mon, 11 Jul 2022 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424935 The Tribunal held that the assessee's activities are charitable in nature, qualifying for exemption under Sections 11 and 12 of the Income-tax Act, 1961. The Tribunal found that the activities were not for profit, aligned with the charitable purpose, and the registration under Section 12A confirmed the genuineness of the charitable activities. Additionally, the dissolution provisions and comparison with private developers did not impact the assessee's eligibility for exemption. Case-Laws Income Tax Wed, 06 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424935