ITAT Delhi Rules Activity of giving micro-finance and earning interest is “charitable purpose”

IN THE INCOME TAX APPELLATE TRIBUNAL

DELHI BENCH `B’: NEW DELHI

I.T. A. No. 1374/Del/2010

Disha India Micro Credit Vs. Commissioner of Income-tax,

O R D E R

PER C.L. SETHI, JUDICIAL MEMBER:

The assessee company is in appeal against the order dated 28.01.2010 passed by the learned Commissioner of Income-tax, Muzaffarnagar under section 12AA of the Incom

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