Providing of accommodation & food & beverages by Trust not constitutes commercial activities

ACIT(E) Vs India International Centre (ITAT Delhi) ITAT held that activities of the Trust of providing accommodation and food and beverages etc. does not constitute commercial activities and activities of the Trust are not hit by any proviso to section 2(15) of the Act. FULL TEXT OF THE ORDER OF ITAT DELHI Challenging the orders of the Commissioner of Income Tax (Appeals) – 40, Delhi (“Ld. CIT(A)”) in the case of India International Centre (“the assessee”), for the assessment years 2013-14 and 2014-15, Revenue preferred these appeals on identical grounds. 2. Brief facts of the c...