Denial of exemption u/s 11 - Assessee is claimed to be a trust ...

Case Laws Income Tax

March 5, 2022

Denial of exemption u/s 11 - Assessee is claimed to be a trust carrying on activities of providing swimming pool facilities for aquatic events and training and facilities for other sports and squash, billiards and table tennis - the assessee trust is a charitable trust within the meaning of section 2(15) of the Income-tax Act, 1961 - The income derived from the activity of providing facilities for providing bar facility, etc. except the income derived from the activity of providing facilities for playing cards at stake, all other activities are incidental to the main object of the assessee; hence, not covered by Proviso to section 2(15) of the Act - AT

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Denial of exemption u/s 11 - Assessee is claimed to be a trust ...

Case Laws Income Tax

March 5, 2022

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