https://www.taxtmi.com/caselaws?id=36184 The High Court ruled in favor of the assessee, a society formed to promote the film industry, in a tax exemption case. The court held that the activities of the assessee fell within the definition of 'charitable purpose' under section 2(15) of the Income-tax Act, qualifying for exemption under section 11. Additionally, the court determined that the income derived from services provided to members was not taxable under section 28(iii) as it aligned with the organization's charitable objectives. The assessee was awarded costs of Rs. 500, with the court upholding the Tribunal's decision on both issues. en-us Mon, 19 Nov 1979 00:00:00 +0530 Fri, 19 Mar 2010 18:19:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36184 The High Court ruled in favor of the assessee, a society formed to promote the film industry, in a tax exemption case. The court held that the activities of the assessee fell within the definition of 'charitable purpose' under section 2(15) of the Income-tax Act, qualifying for exemption under section 11. Additionally, the court determined that the income derived from services provided to members was not taxable under section 28(iii) as it aligned with the organization's charitable objectives. The assessee was awarded costs of Rs. 500, with the court upholding the Tribunal's decision on both issues. Case-Laws Income Tax Mon, 19 Nov 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36184