https://www.taxtmi.com/caselaws?id=759424 ITAT Delhi allowed the appeal of a public charitable trust controlled by the Ministry of Women and Child Welfare. The trust was denied accumulation benefits under section 11(2) due to alleged lack of specific charitable purpose in Form No. 10. The tribunal held that the trust's objectives aligned with Constitutional Directive Principles of State Policy and found the stated purpose of promoting research scientists sufficiently specific. Emphasizing substantial justice over technicalities, ITAT directed the AO to grant consequential benefits under section 11(2), reversing the CIT(A)'s decision. en-us Wed, 28 Aug 2024 00:00:00 +0530 Tue, 01 Oct 2024 08:23:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759424 ITAT Delhi allowed the appeal of a public charitable trust controlled by the Ministry of Women and Child Welfare. The trust was denied accumulation benefits under section 11(2) due to alleged lack of specific charitable purpose in Form No. 10. The tribunal held that the trust's objectives aligned with Constitutional Directive Principles of State Policy and found the stated purpose of promoting research scientists sufficiently specific. Emphasizing substantial justice over technicalities, ITAT directed the AO to grant consequential benefits under section 11(2), reversing the CIT(A)'s decision. Case-Laws Income Tax Wed, 28 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759424