{"id":6308,"date":"2019-08-10T10:04:58","date_gmt":"2019-08-10T10:04:58","guid":{"rendered":"http:\/\/itatonline.org\/digest\/indus-entrepreneurs-v-cit-2019-70-itr-19-mum-trib\/"},"modified":"2019-08-10T10:04:58","modified_gmt":"2019-08-10T10:04:58","slug":"indus-entrepreneurs-v-cit-2019-70-itr-19-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/indus-entrepreneurs-v-cit-2019-70-itr-19-mum-trib\/","title":{"rendered":"Indus Entrepreneurs v.  CIT  (2019) 70 ITR  19 (Mum.)(Trib.)"},"content":{"rendered":"<p>Dismissing the appeal of the assessee the Tribunal held that Charging huge amounts for sponsorship fees from corporate entities on advertisement and free passes . Assessee organisation for networking of entrepreneurs is not an educational institution. Tribunal also held that\u00a0 membership is\u00a0 not open to general public\u00a0 and contributors and beneficiaries are\u00a0 different, hence the assessee is not entitle to exemption. (AY.2010-11, 2011-12)\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 11 : Property held for charitable purposes-Charging huge amounts for sponsorship fees from corporate entities on advertisement and free passes\u2013Organisation for networking of entrepreneurs is not an educational institution-Membership is  not open to general public-Contributors and beneficiaries are  different\u2013Not entitle to exemption. [S. 2(15)]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6308","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1DK","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=6308"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6308\/revisions"}],"predecessor-version":[{"id":6309,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6308\/revisions\/6309"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=6308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=6308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=6308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}