Security services by Trust in confirmation to its objects for general public utility will be considered as “charitable” in Nature

Brief of the Case In the case of Gujarat Industrial Security Force Society v Dy. DIT (Exemption)  it was held that the activity related to providing security services whose objective was to provide employment to youth and retired army personnel will not be treated as “business activity” but an activity which is “charitable” in nature.It further held that that the registration u/s 12AA is not an empty formality. Facts of the Case The assessee is a registered society providing security services which gave employment to young and unemployed persons as well as provide jobs to ex-army and...