https://www.taxtmi.com/highlights?id=67732 Exemption u/s 11 - letting-out auditorium was a commercial activity - proviso to Sec.2(15) - Once the assessee falls under the category of education in term of section 2(15) of the Act, assessee is eligible for exemption u/s.11 of the Act because letting out of auditorium is incidental to fulfilment of the object of the trust i.e., education. Hence, we allow the appeal of assessee. - AT en-us Mon, 16 Jan 2023 08:41:51 +0530 Mon, 16 Jan 2023 08:41:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67732 Exemption u/s 11 - letting-out auditorium was a commercial activity - proviso to Sec.2(15) - Once the assessee falls under the category of education in term of section 2(15) of the Act, assessee is eligible for exemption u/s.11 of the Act because letting out of auditorium is incidental to fulfilment of the object of the trust i.e., education. Hence, we allow the appeal of assessee. - AT Highlights Income Tax Mon, 16 Jan 2023 08:41:51 +0530 https://www.taxtmi.com/highlights?id=67732