https://www.taxtmi.com/highlights?id=73950 Exemption u/s 11 - corpus donations - charitable purpose - society is exclusively working for the benefit of members - the assessee falls under the last limb of the definition ‘charitable purpose’ i.e. any other object of GPU. Therefore, the income of the assessee needs to be computed in light of amended provisions of Sec. 2(15) - AO directed to re-adjudicate the issue afresh - AT en-us Thu, 04 Jan 2024 09:10:34 +0530 Thu, 04 Jan 2024 05:45:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73950 Exemption u/s 11 - corpus donations - charitable purpose - society is exclusively working for the benefit of members - the assessee falls under the last limb of the definition ‘charitable purpose’ i.e. any other object of GPU. Therefore, the income of the assessee needs to be computed in light of amended provisions of Sec. 2(15) - AO directed to re-adjudicate the issue afresh - AT Highlights Income Tax Thu, 04 Jan 2024 09:10:34 +0530 https://www.taxtmi.com/highlights?id=73950