2019 (5) TMI 1642

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....llant, DCIT (E), Circle 2(1), New Delhi (hereinafter referred to as the 'Revenue') by filing the present appeal sought to set aside the impugned order dated 13.07.2016 passed by the Commissioner of Income-tax (Appeals)-40, New Delhi qua the assessment year 2013-14 on the grounds inter alia that :- "On the facts and circumstances of the case and in law, Ld. CIT (A) has erred in law in holding that the activities of the assessee are charitable in nature and that assessee is eligible for ht exemption u/s 11 of the I.T. Act by ignoring the fact activities of the assessee is to facilitate accreditation and continuing supervision through inspection and charging inspection and accreditation fees from various organizations. The assessee's ....

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....cial Year 2011-12 30,06,853     15,05,18,291 Net Taxable Income 8,06,82,058 5. Assessee carried the matter by way of an appeal before the ld. CIT (A) who has deleted the additions by allowing the appeal. Feeling aggrieved, the Revenue has come up before the Tribunal by way of filing the present appeal. 6. We have heard the ld. Authorized Representatives of the parties to the appeal, gone through the documents relied upon and orders passed by the revenue authorities below in the light of the facts and circumstances of the case. 7. To proceed further, we would extract the provisions contained under section 2(15) of the Act for ready perusal as under:- "2(15) "charitable purpose" includes relief....

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....ng and research in the institutions; to make contribution to the sphere of knowledge in its discipline; to motivate colleges and/or institutions of technical and professional education for research, and adopt teaching practices that groom their students for the innovation and development of leadership qualities; to encourage innovations, self evaluation and accountability in higher education; to promote necessary changes, innovations and reforms all aspects of the working of the colleges/ institutions of technical and professional education for the above purpose; and to help institutions realize their academic objectives; it leads to the conclusion that the assessee society is into charitable activities, the objectives being incidental to t....