https://www.taxtmi.com/caselaws?id=470995 Charitable exemption for a general-public-utility entity requires an activity-wise assessment of whether exhibition, trade-promotion and related activities are undertaken in furtherance of its charitable objects, whether any services for consideration are commercial in character, and whether relevant receipts remain within the applicable quantitative limit. Meetings, information dissemination and events may advance charitable objects, while specialised services require closer scrutiny. Membership status alone does not determine commercial character or mutuality treatment of receipts, including interest and non-member receipts. The Assessing Officer must reconsider both exemption and mutuality after giving the assessee an adequate hearing. en-us Fri, 28 Mar 2025 00:00:00 +0530 Mon, 17 Aug 2026 22:08:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470995 Charitable exemption for a general-public-utility entity requires an activity-wise assessment of whether exhibition, trade-promotion and related activities are undertaken in furtherance of its charitable objects, whether any services for consideration are commercial in character, and whether relevant receipts remain within the applicable quantitative limit. Meetings, information dissemination and events may advance charitable objects, while specialised services require closer scrutiny. Membership status alone does not determine commercial character or mutuality treatment of receipts, including interest and non-member receipts. The Assessing Officer must reconsider both exemption and mutuality after giving the assessee an adequate hearing. Case-Laws Income Tax Fri, 28 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470995