Shanti Prime Publication Pvt. Ltd.
Sec. 11 & 12 of Income Tax Act, 1961—Charitable Purpose— Where the assessee has generated some excess of receipt over expenses in undertaking these activities and same was normal incident of the activity of promotion of automobile industry and could not be characterized with business activities, therefore, assessee was held to be entitled to claim the benefit u/s 11 & 12. - SOCIETY FOR INDIAN AUTOMOBILE MANUFACTURERS V/s ITO -  82 ITR (TRIB) 279 (ITAT-DELHI)