https://www.taxtmi.com/caselaws?id=783065 ITAT Hyderabad allowed the assessee-society's appeal, holding it eligible for exemption under s.11. The Tribunal found the society to be engaged in "general public utility" and examined its activities under the proviso to s.2(15). It held that membership fees from various categories of members constituted advancement of its charitable objects and were not receipts from trade, commerce or business. Event-related income constituted services in relation to trade, commerce or business but remained below the 20% threshold of gross receipts prescribed in the proviso to s.2(15). Profit generation per se was held not fatal to exemption. The AO's and CIT(A)'s denial of exemption, including on the ground of non-filing of Form 10, was rejected, as Form 10 had been duly filed within time. en-us Tue, 02 Dec 2025 00:00:00 +0530 Tue, 09 Dec 2025 08:41:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783065 ITAT Hyderabad allowed the assessee-society's appeal, holding it eligible for exemption under s.11. The Tribunal found the society to be engaged in "general public utility" and examined its activities under the proviso to s.2(15). It held that membership fees from various categories of members constituted advancement of its charitable objects and were not receipts from trade, commerce or business. Event-related income constituted services in relation to trade, commerce or business but remained below the 20% threshold of gross receipts prescribed in the proviso to s.2(15). Profit generation per se was held not fatal to exemption. The AO's and CIT(A)'s denial of exemption, including on the ground of non-filing of Form 10, was rejected, as Form 10 had been duly filed within time. Case-Laws Income Tax Tue, 02 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783065