https://www.taxtmi.com/caselaws?id=449547 ITAT Delhi held that CIT(E)'s revocation of section 10(23C)(iv) approval was unsustainable. The assessee organization maintained its charitable status under sections 12A and 80G, creating inconsistency in revenue's position. The Tribunal ruled that compliance conditions must be examined annually, and violations in specific years cannot justify complete approval revocation. Revenue failed to demonstrate deviation from core charitable objects for which approval was initially granted. The assessee's medical relief activities for the poor fell within charitable purposes under section 2(15), making the commercial nature argument inapplicable. Appeal decided in favor of assessee. en-us Mon, 12 Feb 2024 00:00:00 +0530 Wed, 14 Feb 2024 06:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449547 ITAT Delhi held that CIT(E)'s revocation of section 10(23C)(iv) approval was unsustainable. The assessee organization maintained its charitable status under sections 12A and 80G, creating inconsistency in revenue's position. The Tribunal ruled that compliance conditions must be examined annually, and violations in specific years cannot justify complete approval revocation. Revenue failed to demonstrate deviation from core charitable objects for which approval was initially granted. The assessee's medical relief activities for the poor fell within charitable purposes under section 2(15), making the commercial nature argument inapplicable. Appeal decided in favor of assessee. Case-Laws Income Tax Mon, 12 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449547