https://www.taxtmi.com/caselaws?id=426051 The appellate tribunal ruled in favor of the assessee, holding that the society's activities were for the benefit of the people as directed by the State Government and not solely for business purposes. It found that the society was eligible for deduction under section 11 of the Income Tax Act, leading to the deletion of the addition made by the Revenue Authorities disallowing the exemption. en-us Thu, 14 Jul 2022 00:00:00 +0530 Sat, 06 Aug 2022 09:30:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426051 The appellate tribunal ruled in favor of the assessee, holding that the society's activities were for the benefit of the people as directed by the State Government and not solely for business purposes. It found that the society was eligible for deduction under section 11 of the Income Tax Act, leading to the deletion of the addition made by the Revenue Authorities disallowing the exemption. Case-Laws Income Tax Thu, 14 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426051