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2022 (1) TMI 1376 - HC - Income TaxExemption u/s 11 - scope and amplitude of the definition “charitable purpose” - correct interpretation of the proviso to Section 2(15) “charitable purpose” - as per revenue assessee is involved in widespread commercial activities in nature of business and the activity of the assessee covered under the provisions of Section 2(15) of the Act and thus, exemption u/s.11 & 12 of the Act is not allowable to the assessee - HELD THAT:- The substantial questions of law raised are no longer res integra in view of the decision of this Court in the case of Ahmedabad Urban Development Authority Vs. ACIT (Exemption) [2017 (5) TMI 1468 - GUJARAT HIGH COURT] - Decided against revenue.
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