2020 (3) TMI 694 - SCH - Income Tax

Denying exemption under Sections 11 and 12 - whether the activities carried out by the Assessee fall under the 4th limb i.e., the advancement of any other object of General Public Utility of the definition of the term charitable purpose under Section 2(15) of the Act and not under the 2nd limb education ? - HELD THAT - Petitioner (s), on instructions issued by the Department of Revenue, Ministry of Finance vide F.No.390/Misc./116/20l7-JC, dated 22.08.2019, seeks permission to withdraw these special leave petition(s) along with pending applications therein due to low tax effect. Permission granted, subject to just exceptions.

Summary

The Supreme Court allowed the withdrawal of special leave petitions due to low tax effect as per the Department of Revenue's instructions. The petitions and pending applications were dismissed as withdrawn, leaving questions of law open. (Citation: 2020 (3) TMI 694 - SC Order)