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2018 (7) TMI 1890 - ITAT DELHIExemption u/s 11(1) - charitable activity - receipt of fee or charge - advancement of object of any other general public utility - Held that:- Hon’ble Delhi High Court in the case of India Trade Promotion Organization vs. DGIT(E) [2015 (1) TMI 928 - DELHI HIGH COURT] upholding the constitutional validity of proviso to section 2(15) has laid down the strict and literal interpretation of the proviso to section 2(15) and has held that mere receipt of fee or charge will not mean that the assessee is involved in any trade, commerce or business. It is undisputed that the activities of the assessee society have not been doubted by the tax authorities and they continue to be regarded as charitable in nature. Accordingly we find no reason to interfere with the findings of the Ld. CIT (A) in this regard and we dismiss the grounds raised by the department.
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