No charity in providing assistance to entrepreneurs for fees in setting up industries

ITAT CHENNAI BENCH ‘A’ Tamil Nadu Industrial Guidance & Export Promotion Bureau versus Assistant Director of Income-tax, (Exemptions)-IV, Chennai IT Appeal No. 201 (Mds.) of 2013 [ASSESSMENT YEAR 2009-10] Date of Pronouncement – 21.03.2013 ORDER Vikas Awasthy, Judicial Member – The assessee has filed appeal against the order of the CIT(A) -XII, Chennai dated 30.10.2012 relevant to the assessment year 2009-10. 2. The brief facts of the case are that the assessee is a society registered under the Tamil Nadu Societies Registration Act. The assessee soc...