https://www.taxtmi.com/caselaws?id=426796 The Appellate Tribunal upheld the denial of tax exemption under Section 11 of the Income Tax Act, 1961 to a charitable institution. Despite registration under Section 12A, the Tribunal found the institution's activities, particularly operating a business-oriented electronic stabilizer assembly unit, did not align with charitable purposes. The Tribunal emphasized that the institution failed to demonstrate the exclusively charitable nature of its activities, leading to the dismissal of the appeal and affirming the decision of the Revenue Authorities. en-us Tue, 23 Aug 2022 00:00:00 +0530 Thu, 25 Aug 2022 08:14:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426796 The Appellate Tribunal upheld the denial of tax exemption under Section 11 of the Income Tax Act, 1961 to a charitable institution. Despite registration under Section 12A, the Tribunal found the institution's activities, particularly operating a business-oriented electronic stabilizer assembly unit, did not align with charitable purposes. The Tribunal emphasized that the institution failed to demonstrate the exclusively charitable nature of its activities, leading to the dismissal of the appeal and affirming the decision of the Revenue Authorities. Case-Laws Income Tax Tue, 23 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426796