| COURT: | ITAT Chandigarh |
| CORAM: | Bhavnesh Saini (JM), T. R. Sood (AM) |
| SECTION(S): | 10(23C) (iv), 2(15) |
| GENRE: | Domestic Tax |
| CATCH WORDS: | Charitable purpose, not involving the carrying of any activity of profit |
| COUNSEL: | Rohit Jain |
| DATE: | November 26, 2014 (Date of pronouncement) |
| DATE: | November 29, 2014 (Date of publication) |
| AY: | 2007-08 |
| FILE: | Click here to view full post with file download link |
| CITATION: | |
| S. 2(15) Proviso/ 10(23C) (iv): Meaning of expression "not involving the carrying of any activity of profit" explained in detail | |
(i) The assessee trust is doing only one activity of printing and publishing of newspaper. This activity was held to be of charitable in nature by the Privy Council in the Trustees of The Tribune Press Lahore 7 ITR 415. …
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