https://www.taxtmi.com/caselaws?id=786159 Denial of charitable exemption under section 11 was contested where receipts were treated as contractual and taxed as income from other sources. The Tribunal relied on a coordinate bench holding that the assessee's objects are charitable, fall within preservation of environment, and the proviso to section 2(15) is inapplicable; registration remained valid and prior exemptions were granted. It held that income generated under agreements for carrying out charitable objects, when wholly applied to those objects, retains charitable character and exemption under section 11 is allowable. Departmental appeal dismissed. en-us Thu, 29 Jan 2026 00:00:00 +0530 Sat, 07 Feb 2026 07:19:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786159 Denial of charitable exemption under section 11 was contested where receipts were treated as contractual and taxed as income from other sources. The Tribunal relied on a coordinate bench holding that the assessee's objects are charitable, fall within preservation of environment, and the proviso to section 2(15) is inapplicable; registration remained valid and prior exemptions were granted. It held that income generated under agreements for carrying out charitable objects, when wholly applied to those objects, retains charitable character and exemption under section 11 is allowable. Departmental appeal dismissed. Case-Laws Income Tax Thu, 29 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786159