https://www.taxtmi.com/caselaws?id=447499 The ITAT Ahmedabad addressed a trust's claim for exemption under sections 11 and 12, which was denied by authorities who found the assessee acted as a facilitator collecting fees from donors and donees rather than engaging in direct charitable activities. The assessee argued it functioned as a bridge between donors and recipient charitable organizations. The ITAT noted the Supreme Court's ruling in AUDA case allowing nominal charges for effectuating charitable activities, provided they don't constitute professional fees or business income. The matter was remanded to the AO to analyze whether the assessee's retained earnings were primarily for service consideration or merely to facilitate charitable activities, considering the totality of facts and relevant precedents. en-us Fri, 06 Oct 2023 00:00:00 +0530 Wed, 27 Dec 2023 12:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447499 The ITAT Ahmedabad addressed a trust's claim for exemption under sections 11 and 12, which was denied by authorities who found the assessee acted as a facilitator collecting fees from donors and donees rather than engaging in direct charitable activities. The assessee argued it functioned as a bridge between donors and recipient charitable organizations. The ITAT noted the Supreme Court's ruling in AUDA case allowing nominal charges for effectuating charitable activities, provided they don't constitute professional fees or business income. The matter was remanded to the AO to analyze whether the assessee's retained earnings were primarily for service consideration or merely to facilitate charitable activities, considering the totality of facts and relevant precedents. Case-Laws Income Tax Fri, 06 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447499