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2018 (4) TMI 1423 - AT - Income TaxDenial of exemption u/s 11 - activities of the appellant are commercial in nature - Held that:- As decided in assessee's own case for Assessment Year 2011-12 [2018 (4) TMI 1293 - ITAT MUMBAI] the holding of the seminar at Bangalore and the other activities of the assessee trust, viz. receipt of subscriptions from the members, sale of publications, Fafai Journal, holding of workshops & conferences, directory receipts were incidental to and in furtherance of the main object of securing the advancement and development of the Fragrance and Flavours industry in India No agreement with the view of the lower authorities that the assessee was involved in carrying of commercial activities. We thus being of the view that as the assessee is carrying on its charitable activities, which are in the nature of advancement of the object of general public utility and is not carrying on any commercial activity, therefore, uphold the entitlement of the assessee towards claim of exemption under Sec. 11 of the Act. - Decided in favour of assessee.
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