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2020 (12) TMI 1273 - AT - Income TaxExemption u/s 11 - whether any activity of rendering any service in relation to any trade, commerce or business for a cess or fee shall not be charitable if receipt from such activities is more than 25 lacs during the year? - assessee is a society registered u/s. 12A of the Act and is also notified u/s. 80G(5)(vi) - HELD THAT:- As on identical facts in A.Y. 2011-12 [2019 (11) TMI 1036 - ITAT DELHI] his predecessor allowed the appeal of the assessee and directed the AO to allow exemption u/s. 11 - it is held that the assessee is apparently not involved in any trade, commerce or business and as such the proviso to section 2(15) is not applicable. Exemption under section 11(1) is allowed to the assessee. Accordingly, the Assessing Officer is directed to allow exemption under section 11, with all the consequential benefits. Ground of the appeal are allowed.
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