Tag Archives: Section 11

Trust letting out its auditorium for marriage functions not entitled to sec. 11 relief

IN THE ITAT CHENNAI BENCH ‘D’ Suguna Charitable Trust v. Income-tax Officer, Company Ward-I, Coimbatore CHANDRA POOJARI, ACCOUNTANT MEMBER AND G. PAVAN KUMAR, JUDICIAL MEMBER IT APPEAL NO. 2172 (MDS.) OF 2014 [ASSESSMENT YEAR 2010-11] JUNE  29, 2016 R. Meenakshi Sundaram, Adv. for the Appellant. Durai Pandian, ACIT-DR for the Respondent. ORDER Chandra Poojari, Accountant… Read More »

Section 11 exemption to Cricket Association

Question: Where the Assessee is not conducting any business activity and not providing service to any trade, commerce or industry, it is eligible for exemption under section 11 ? It is BCCI, the parent organization, which is organizing and conducting T-20, one-day matches or IPL matches. The role of the assessee-society(TNCA) is only to provide stadium… Read More »