Saturday, January 19, 2019

Sec. 80G renewal couldn't be rejected on ground that income of trust wasn't utilized for charitable purposes

IT: Where assessee's application for renewal of recognition under sec. 80G(5)(vi) was rejected on ground that its income was not being used for charitable purpose, since question of applicability of income of assessee can be gone into by assessing authority only at time of assessing income of assessee, impugned order deserved to be set aside.

from www.taxmann.com Latest Case Laws http://bit.ly/2W2qrqW

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