Wednesday, September 11, 2019

SLP dismissed against ruling allowing sec. 12AA registration as activities of assessee fell under charitable purpose

INCOME TAX : Where High Court upheld Tribunal's order allowing assessee's claim for registration under secton 12AA by taking a view that primary object of assessee trust was to conduct work in area of research, studies, training, education, health etc. only for charitable purpose within meaning of section 2(15), SLP filed against said order was to be dismissed

from www.taxmann.com Latest Case Laws https://ift.tt/32FaWaT

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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