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2010 (4) TMI 845 - AT - Income TaxApplication of the assessee for renewal of approval under s. 80G of the IT Act - Director of IT (Exemptions) also rejected the application for renewal of exemption on the ground that some fee was collected by the assessee trust from the participants and the same amounts to carrying on business activities – Held that:- trust which is a research foundation, did not conduct any medical tests, and the question of charging any fees for medical tests does not arise at all, activities of the research foundation amounted to advancement of any other object of general public utility but at the same time, the activities cannot be termed as business activities or commercial activities, because the activities are not carried out for profit motive, Director of IT (Exemptions) directed to grant renewal of exemption under s. 80G of the Act, assessee is allowed
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