2018 (3) TMI 1449 - SCH - Income Tax

Exemption u/s 11 - religious purpose/charitable purpose - Assessee was not using its funds for public benefit but rather for the benefit of specified persons under Section 13(3) - Held That - SLP dismissed. HC order confirmed 2017 (9) TMI 532 - DELHI HIGH COURT Activities of the Assessee Society, though both religious and charitable, were not exclusively meant for one particular religious community. It was, therefore, rightly not denied exemption under Section 11 of the Act. - Decided against the revenue.

Summary

The Supreme Court dismissed the Special Leave Petition after condoning the delay. Any pending applications were disposed of accordingly. (Case citation: 2018 (3) TMI 1449 - SC)