Carrying IPL matches is not a Charitable Activity

ITAT CHENNAI BENCH ‘B’ Tamil Nadu Cricket Association versus Director of Income-tax (Exemptions) Income Tax Appeal No. 396 (Mds.) of 2012 Date of pronouncement – 22.02.2013 S. Sridhar for the Appellant. Guru Bashyam for the Respondent. ORDER Dr. O.K. Narayanan, Vice-President  This appeal is filed by the assessee. The appeal is directed against the order passed by the Director of Income-tax (Exemptions) at Chennai, dated December 29, 2011, wherein the Director of Income-tax (Exemptions) has cancelled section 12AA registration granted to The Tamil Nadu Cricket A...