In the result the appeal of the assessee is allowed and the appeal
Bench: Shri Laliet Kumar,And Dr. Mitha Lal Meenajhansi Development Authority Vs..Dcit Circle-4, Commissionerycompus, Agra. Jhansi. (Now The Dy. Cit Panno.Aaalj0068K (Exemption) Ghaziabad. (Assessee) (Revenue) Acit, 4(1), Vs..Jhansi Development Agra. Authority (Now The Dy. Cit Commissionerycompus, Jhansi. (Exemption) Ghaziabad. Panno.Aaalj0068K (Revenue) (Assessee)
trust / institution. In order to explain the proviso to section 2(15), the CBDT has also issued a circular no.11/2008 dated 19.12.2008 and the same is reproduced as under:- “CIRCULAR NO. 11/2008. DATED 19-12-2008 1. Section 2(15) of the Income-tax Act, 1961 (‘Act’) defines “charitable purpose” to include the following:— (i) Relief of the poor