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2012 (8) TMI 305 - AT - Income TaxCharitable purpose - denial of exemption u/s 11 - local authority created by the Government of Maharashtra claiming exemption of its income as per section 10(20A) till A.Y.2002-03 and subsequently on withdrawal of Section 10(20A), registered u/s 12A - assessee contented that AO is not entitled to examine whether such Trust or Institution was created for charitable or religious purpose or not once it was registered u/s 12A - Held that:- Principles laid down in the case of Gujarat Maritime Board (2007 (12) TMI 7 - SUPREME COURT OF INDIA) are squarely applicable to assessee’s case wherein it was held that advancement of any object of benefit to the public or a section of the public as distinguished from benefit to an individual or a group of individuals would be a charitable purpose. Since Coordinate Bench in other cases where the appellant were local authority created by the Govt. of Maharashtra have held in favor of appellants on similar issue, therefore, we uphold the orders of the CIT(A) directing AO to allow exemption under section 11 - Decided against Revenue
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