2015 (9) TMI 1727 - SCH - Income Tax

Denial of exemption u/s 11 - whether activities of appellant would quality to be charitable activity as under sec 2(15)? - HC held the factual correctness of which is undisputed, we can only endorse the view taken by the statutory authorities that in view of the proviso to Section 2(15), the activities of the assessee do not qualify to be charitable purpose as defined therein - AO was justified in disallowing the exemption claimed and assessing to tax the income of the assessee and the appellate authorities were justified in confirming the same - HELD THAT - Heard the learned counsel for the petitioner and perused the relevant material. We do not find any legal and valid ground for interference. The special leave petitions are dismissed.