https://www.taxtmi.com/caselaws?id=32839 The court upheld the exemption granted to a respondent-society under section 11 of the Income-tax Act, 1961, affirming that letting out properties to another institution for educational purposes constituted a charitable activity. The court considered the society's historical background, utilization of rental income for educational purposes, and adherence to its registered charitable objectives. Emphasizing that the income generated was reinvested in educational activities, the court concluded that the society met the criteria for exemption under section 11, dismissing the Revenue's appeal and affirming the lower authorities' decision. en-us Fri, 29 Aug 2008 00:00:00 +0530 Sun, 05 Apr 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32839 The court upheld the exemption granted to a respondent-society under section 11 of the Income-tax Act, 1961, affirming that letting out properties to another institution for educational purposes constituted a charitable activity. The court considered the society's historical background, utilization of rental income for educational purposes, and adherence to its registered charitable objectives. Emphasizing that the income generated was reinvested in educational activities, the court concluded that the society met the criteria for exemption under section 11, dismissing the Revenue's appeal and affirming the lower authorities' decision. Case-Laws Income Tax Fri, 29 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32839