Serving of liquor is not charitable activity under section 2(15) of Income Tax Act,1961
In the case of Federation of Delhi Textile Merchants versus Income Tax Officer, the Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that serving of liquor is not a charitable activity and hence cannot be exempted from income tax. Detailed Order of the Tribunal IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: ‘B’ … Read more