2018 (7) TMI 2212 - SCH - Income Tax

Exemption u/s 11 - charitable purpose u/s 2(15) - registration u/s 12AA denied - Whether promotion of sports and games can be considered to be charitable purpose? - as decided by HC contention which has been raised pursuant to the observations and amendment which is made under Section 12AA of the Income Tax Act and proviso which is impressed by the counsel for the department and Section 2(15) of the Act and proviso to Section 12AA which has been amended w.e.f. 1.4.2009 which has been introduced in the Finance Act w.e.f. 1.4.2012, will not apply in the present case - HELD THAT - Delay condoned. Leave granted.

Summary

The Supreme Court of India in 2018 (7) TMI 2212 - SC Order, with judges Mr. Rohinton Fali Nariman and Ms. Indu Malhotra, condoned delay and granted leave, tagging the case with Civil Appeal No. 9380 of 2017. Petitioner represented by Mr. Tushar Mehta, ASG, Mr. K. Radhakrishnan, Sr. Adv., Mr. Sameer Abhyankar, Adv., Mr. T.C. Sharma, Adv., and Mrs. Anil Katiyar