Mere earning of surplus income in carrying out charitable activities would not render activities of trust as non-charitable

ITAT CHANDIGARH BENCH ‘B’ PIMS Medical & Education Charitable Society versus Commissioner of Income-tax-II, Chandigarh IT Appeal No. 456 (Chd.) of 2012 OCTOBER 30, 2012 ORDER Mehar Singh, Accountant Member The present appeal filed by the assessee is directed against the order dated 29.03.2012 passed by the ld. CIT u/s 12AA of the Income-tax Act,1961 (in short ‘the Act’). 2. In this appeal, the assessee has raised the following Grounds of Appeal: “1. That the order of the Learned Commissioner of Income Tax II, Chandigarh is defective both in ...