ITAT allowed sec. 12AA registration to co. formed to comply with CSR of its parent co.

INCOME TAX : In terms of section 8 of Companies Act, 2013, Corporate Social Responsibility (CSR) activities are public charitable activities per se and, therefore, assessee-company formed with object of complying with requirement of corporate social responsibility of its parent company was eligible for registration under section 12AA

from www.taxmann.com Latest Case Laws https://ift.tt/33NDVLc