https://www.taxtmi.com/caselaws?id=425348 The High Court dismissed the appeal challenging the ITAT order granting exemption under Section 11 of the Income Tax Act 1961 to the Assessee engaged in charitable activities. The Court upheld the ITAT decision, emphasizing the absence of a profit motive in the Assessee's activities and the consistent relief activities for the poor. It was held that the Assessee's activities did not fall under the proviso to section 2(15) as they were not for profit distribution. The Court found no substantial question of law and affirmed the lower courts' factual findings, highlighting the limited scope of High Court interference. en-us Fri, 15 Jul 2022 00:00:00 +0530 Mon, 10 Oct 2022 16:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425348 The High Court dismissed the appeal challenging the ITAT order granting exemption under Section 11 of the Income Tax Act 1961 to the Assessee engaged in charitable activities. The Court upheld the ITAT decision, emphasizing the absence of a profit motive in the Assessee's activities and the consistent relief activities for the poor. It was held that the Assessee's activities did not fall under the proviso to section 2(15) as they were not for profit distribution. The Court found no substantial question of law and affirmed the lower courts' factual findings, highlighting the limited scope of High Court interference. Case-Laws Income Tax Fri, 15 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425348