EU Business Advocacy Qualifies as Charity: ITAT Delhi Upholds 12A

Federation of European Business in India Vs CIT (Exemption) (ITAT Delhi) Advocacy for EU Businesses Is Also Charity: No Profit Motive, No Commercial Activity: Chamber-Style Body Held Charitable- ITAT Restores 12A Registration Assessee, a sec-8 company formed to promote policy advocacy between EU business community & Indian authorities, applied for regular registration u/s 12A(1)(ac)(vi). CIT(E) rejected the application & also cancelled the earlier provisional registration on grounds that activities benefitted only members, no charitable expenses were shown, & objects were not of ge...