IT : Where assessee-trust was established pre-dominantly with an object of providing education to all sections of society, mere fact that it spent a meagre amount of its total income on some allied charitable activities such as providing food and clothing to relatives of poor students, would not stand in way of denying benefit to it under section 10(23C)(iiiad)
from www.taxmann.com Latest Case Laws https://ift.tt/2QkaP30
Subscribe to:
Post Comments (Atom)
AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT
INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...
-
In order to provide more avenues for transacting in mutual fund units, the SEBI has issued discussion paper on ‘Usage of pool accounts in Mu...
-
IT : Where during search conducted upon premises of assessee's cousin, key belonging to assessee's locker was found and search warra...
-
2018 Witnesses Highest FPI Registrations in Four Years from taxmann.com News http://bit.ly/2V8m1i1
No comments:
Post a Comment