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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - Charitable Purpose - Plastic Waste Management ...

August 4, 2023

Case Laws     Income Tax     AT

Exemption u/s 11 - Charitable Purpose - Plastic Waste Management - Expenditure of multi-layered plastic collection and disposal charges for members are the only major expenses - CIT (E) is wrong in observing the objects of the Assessee society to be merely ostensible charitable objects. All the objects of the Assessee society, taken either individually, or collectively, are directed towards the Assessee’s charitable object of preservation of the environment. - Benefit of exemption to be allowed - AT

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