TMI Blog2018 (1) TMI 898X X X X Extracts X X X X X X X X Extracts X X X X ..... :- We notice that both the appellate authorities have concluded that the assessee s objects are charitable; it provides basic services by way of domain name registration, for which, it charges subscription fee on annual basis and also collects connectivity charges. The assessee is the only nationally designated entity entitled to allocate domain names to its applicants who seek it in India. App ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... law arises - ITA 521/2017 & CM No.815/2018 - - - Dated:- 9-1-2018 - S. Ravindra Bhat And A. K. Chawla, JJ. For the Appellant : Mr. Zoheb Hossain, Sr. Standing Counsel For the Respondent : Mr. Rohit Jain with Mr. Aniket D. Agrawal, Advs ORDER 1. The Revenue s appeal under Section 260A of the Income Tax Act, 1961 impugns decision of the Income Tax Appellate Tribunal (ITAT). T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... CIT(A) after considering the objects, was of the opinion that the assessee had been incorporated without any profit motive. He also concluded that the nature of services provided by the assessee were of a general public utility and that the services provided, were towards membership and connectivity charges, only incidental to the main objects of the assessee. The ITAT confirmed these findings. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ational body of the ICAMM and authorized to assign .in registration and domain names in terms of Central Government s letter dated 20.11.2004. In that sense, the assessee (though not a statutory body) is carrying on regulatory work. It s case would therefore be a fortiori on a different footing than Chamber of Commerce, and other such trade bodies, set up not for profit basis but should have bee ..... X X X X Extracts X X X X X X X X Extracts X X X X
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