https://www.taxtmi.com/caselaws?id=769123 ITAT Mumbai upheld CIT(E)'s order granting section 11 exemption to a trust. Revenue challenged the exemption claiming no educational activities were conducted and receipts from consultancy/seminars constituted commercial services. ITAT held that once 12AA registration is granted, AO cannot ignore such registration and deny exemption. Following Supreme Court precedent in Surat City Gymkhana, the registration under 12A prevents AO from further probing trust objects. Since AO exceeded authority in denying exemption, the question of section 2(15) applicability remained undecided. Appeal dismissed against revenue. en-us Wed, 16 Apr 2025 00:00:00 +0530 Sat, 19 Apr 2025 08:32:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769123 ITAT Mumbai upheld CIT(E)'s order granting section 11 exemption to a trust. Revenue challenged the exemption claiming no educational activities were conducted and receipts from consultancy/seminars constituted commercial services. ITAT held that once 12AA registration is granted, AO cannot ignore such registration and deny exemption. Following Supreme Court precedent in Surat City Gymkhana, the registration under 12A prevents AO from further probing trust objects. Since AO exceeded authority in denying exemption, the question of section 2(15) applicability remained undecided. Appeal dismissed against revenue. Case-Laws Income Tax Wed, 16 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769123