https://www.taxtmi.com/caselaws?id=425491 The Tribunal dismissed the Revenue's appeals, upholding the exemption under Sections 11 and 12 for the cricket-promoting society trust. It allowed grants to District Cricket Associations as legitimate expenses and accepted the adoption of the accrual system of accounting. The Tribunal emphasized the charitable nature of the organization's activities, citing judicial precedents and the restoration of its registration under Section 12A. en-us Tue, 21 Jun 2022 00:00:00 +0530 Mon, 25 Jul 2022 15:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425491 The Tribunal dismissed the Revenue's appeals, upholding the exemption under Sections 11 and 12 for the cricket-promoting society trust. It allowed grants to District Cricket Associations as legitimate expenses and accepted the adoption of the accrual system of accounting. The Tribunal emphasized the charitable nature of the organization's activities, citing judicial precedents and the restoration of its registration under Section 12A. Case-Laws Income Tax Tue, 21 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425491