https://www.taxtmi.com/caselaws?id=442634 The Tribunal allowed the appeal, determining that the assessee's microfinance activities were charitable in nature, aimed at relieving the poor, and qualified for exemption under section 11 of the Income Tax Act. The Tribunal applied the rule of consistency, emphasizing that the activities had been consistently accepted as charitable and there were no significant changes in circumstances. en-us Thu, 31 Aug 2023 00:00:00 +0530 Wed, 06 Sep 2023 16:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442634 The Tribunal allowed the appeal, determining that the assessee's microfinance activities were charitable in nature, aimed at relieving the poor, and qualified for exemption under section 11 of the Income Tax Act. The Tribunal applied the rule of consistency, emphasizing that the activities had been consistently accepted as charitable and there were no significant changes in circumstances. Case-Laws Income Tax Thu, 31 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442634