https://www.taxtmi.com/caselaws?id=304546 The Tribunal upheld the ld. CIT(A)'s decision, recognizing the assessee as a Charitable Institution under sections 11 to 13 of the Income Tax Act. The Tribunal allowed the carry forward and set off of deficits from earlier years, affirming the charitable nature of the assessee's activities. The decision was based on legal precedents and lack of contrary evidence. The Revenue's appeal was dismissed, and the judgment on 23rd September 2015 favored the assessee, confirming its charitable status and entitlement to set off deficits. en-us Wed, 23 Sep 2015 00:00:00 +0530 Tue, 04 Oct 2022 08:50:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304546 The Tribunal upheld the ld. CIT(A)'s decision, recognizing the assessee as a Charitable Institution under sections 11 to 13 of the Income Tax Act. The Tribunal allowed the carry forward and set off of deficits from earlier years, affirming the charitable nature of the assessee's activities. The decision was based on legal precedents and lack of contrary evidence. The Revenue's appeal was dismissed, and the judgment on 23rd September 2015 favored the assessee, confirming its charitable status and entitlement to set off deficits. Case-Laws Income Tax Wed, 23 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304546