Held, dismissing the appeals, that the Tribunal having held for the assessment years 2011-12 to 2014-15 that the assessee was not engaged in any trade, commerce or business and thus the mischief of proviso to section 2(15) was not attracted in the case of the assessee, and there being no change in facts order of CIT(A) is affirmed. (AY.2015-16 to 2017-18)
ITO (E) v. Professional Assistance for Development Action (2024) 111 ITR 87 (SN)(Delhi) (Trib)
S. 11 : Property held for charitable purposes-Engaged in upliftment of poor, providing training and skill development of poor in rural areas in backward districts-Entitle to exemption. [S. 2(15)]