Davis Cup Matches: Tax on Incidental & Commercial Activity Income

Advocate Akhilesh Kumar Sah Chandigarh Lawn Tennis Association Vs ITO (ITAT Chandigarh) Section 2(15) of the Income Tax Act, 1961( for short ‘the Act’) gives the inclusive definition of “charitable purpose”. In this case  assessee took the following grounds:- 1. That the CIT(A) was not justified in upholding the action of the Assessing Officer(AO) of denying the exemption of Rs. 1,06,14,830/- under section 11 of the Act on the grounds that the assessee is hit by section 13(8) of the Act. 2. That CIT(A) failed to consider the submissions made by the assessee and has wrongly given a fi...