https://www.taxtmi.com/caselaws?id=765441 Charitable exemption under section 11 depends on whether the trust's activities fall within section 2(15); where activities are carried on on a non-commercial basis to pursue charitable objects, incidental profit does not by itself attract the proviso. The text notes that registration under section 12AA had been cancelled, leading to denial of exemption, but also records that the matter is covered by the Supreme Court's approach in Ahmedabad Urban Development Authority and the connected Ghaziabad Development Authority Vikas Path order, under which similar special leave petitions were disposed of in terms of that decision. en-us Fri, 24 Jan 2025 00:00:00 +0530 Wed, 29 Jan 2025 12:50:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765441 Charitable exemption under section 11 depends on whether the trust's activities fall within section 2(15); where activities are carried on on a non-commercial basis to pursue charitable objects, incidental profit does not by itself attract the proviso. The text notes that registration under section 12AA had been cancelled, leading to denial of exemption, but also records that the matter is covered by the Supreme Court's approach in Ahmedabad Urban Development Authority and the connected Ghaziabad Development Authority Vikas Path order, under which similar special leave petitions were disposed of in terms of that decision. Case-Laws Income Tax Fri, 24 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765441