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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 -proof of Charitable activity u/s 2(15) - ...

Case Laws     Income Tax

August 19, 2021

Exemption u/s 11 -proof of Charitable activity u/s 2(15) - assessee entered into franchise agreement - Merely because the assessee entered into franchise agreement with ZLL will not made the activity of the assessee non charitable. The predominant and sole purpose of the assessee’s activities are imparting of education after affiliation with the CBSE. In the light of the above we deem it appropriate to direct the CIT(E) to grant registration to the assessee from the date of application - AT

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