https://www.taxtmi.com/caselaws?id=779676 ITAT PUNE - AT allowed the appeal, set aside cancellation of provisional registration under section 12AB/12A and directed restoration of exemption. The Tribunal held that rental income from letting part of the trust's premises, used to further its charitable objects, does not attract the proviso to section 2(15) and cannot convert the primary activity into a commercial business. Denial of exemption solely because a portion of income derived from rentals funded charitable activities was held impermissible. en-us Mon, 29 Sep 2025 00:00:00 +0530 Fri, 10 Oct 2025 08:44:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779676 ITAT PUNE - AT allowed the appeal, set aside cancellation of provisional registration under section 12AB/12A and directed restoration of exemption. The Tribunal held that rental income from letting part of the trust's premises, used to further its charitable objects, does not attract the proviso to section 2(15) and cannot convert the primary activity into a commercial business. Denial of exemption solely because a portion of income derived from rentals funded charitable activities was held impermissible. Case-Laws Income Tax Mon, 29 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779676