https://www.taxtmi.com/caselaws?id=456843 ITAT Surat upheld CIT(A)'s decision allowing exemption under Section 11 to a trust. Revenue challenged disallowance of expenses for deceased chairperson's birthday celebration. ITAT ruled that small commemorative expenses for the founder who devoted efforts to establish the institution cannot constitute violation of Section 13. No benefit to interested persons under Section 13(3) was found. The honestly disclosed negligible amount did not warrant disallowance. Revenue's appeal was dismissed. en-us Thu, 14 Sep 2023 00:00:00 +0530 Tue, 20 Aug 2024 23:42:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456843 ITAT Surat upheld CIT(A)'s decision allowing exemption under Section 11 to a trust. Revenue challenged disallowance of expenses for deceased chairperson's birthday celebration. ITAT ruled that small commemorative expenses for the founder who devoted efforts to establish the institution cannot constitute violation of Section 13. No benefit to interested persons under Section 13(3) was found. The honestly disclosed negligible amount did not warrant disallowance. Revenue's appeal was dismissed. Case-Laws Income Tax Thu, 14 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456843