https://www.taxtmi.com/caselaws?id=774367 ITAT Delhi allowed the appeal of a public charitable trust seeking registration under Section 12AA and approval under Section 80G. CIT(E) had rejected the application, claiming the trust's electric vehicle rental activities were commercial in nature. The trust argued it promoted environmental sustainability through CSR initiatives by providing electric vehicles to marginalized communities at Rs 5000 monthly rent, transferring ownership after 3 years. ITAT held the activities were genuinely charitable, aimed at empowering disadvantaged sections without profit motive, and aligned with trust objectives. Following SC precedent in Surat Art Silk case, ITAT ruled that professional execution of charitable activities doesn't negate charitable status when profits serve charitable purposes exclusively. en-us Fri, 04 Jul 2025 00:00:00 +0530 Tue, 08 Jul 2025 08:36:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774367 ITAT Delhi allowed the appeal of a public charitable trust seeking registration under Section 12AA and approval under Section 80G. CIT(E) had rejected the application, claiming the trust's electric vehicle rental activities were commercial in nature. The trust argued it promoted environmental sustainability through CSR initiatives by providing electric vehicles to marginalized communities at Rs 5000 monthly rent, transferring ownership after 3 years. ITAT held the activities were genuinely charitable, aimed at empowering disadvantaged sections without profit motive, and aligned with trust objectives. Following SC precedent in Surat Art Silk case, ITAT ruled that professional execution of charitable activities doesn't negate charitable status when profits serve charitable purposes exclusively. Case-Laws Income Tax Fri, 04 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774367