Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2018 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (8) TMI 970 - ITAT DELHIExemption u/s 11 - Charitable activity - last limb of proviso to section 2(15) - activities carried out by the society which yielded income to the society are commercial in nature - CIT(A) has allowed the benefit of exemption by observed that, the assessee is purely a charitable and non-profit organization and I do not find that the assessee is involved in any trade, commerce or business and accordingly the AO is directed to allow the exemption to the assessee u/s 11(1) with all the consequential benefits. - Held that:- we do not see any merit in this appeal of the department. - Decided against the revenue.
|