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TMI Blog2018 (1) TMI 898X X X X Extracts X X X X X X X X Extracts X X X X ..... th Mr. Aniket D. Agrawal, Advs ORDER 1. The Revenue's appeal under Section 260A of the Income Tax Act, 1961 impugns decision of the Income Tax Appellate Tribunal (ITAT). The ITAT had for A.Y. 2009-10 upheld the order of the CIT(A). The Appellate Commissioner had set aside the findings of the AO, bringing to tax `11,39,72,556/- on the ground that such receipts were essentially commercial in natur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that the services provided, were towards membership and connectivity charges, only incidental to the main objects of the assessee. The ITAT confirmed these findings. 4. It is contended by the Revenue that the assessee provides services for which it charges users on a commercial basis and therefore, cannot fall within the charitable object, for which it was established. On the other hand, the ass ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... It's case would therefore be a fortiori on a different footing than Chamber of Commerce, and other such trade bodies, set up not for profit basis but should have been held to be charitable organizations such as Bureau of Indian Standards, ICAI Accounting Research Foundation, etc. [Bureau of Indian Standards v. Director General of Income Tax (Exemption) 2012 TOIL 928 (Del); ICAI Accounting Research ..... X X X X Extracts X X X X X X X X Extracts X X X X
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