Saturday, September 7, 2019

Violation of provision of sec. 13 couldn't be a ground to cancel registration of trust

INCOME TAX: Violation of provisions of section 13 empowers an assessing authority to forfeit exemptions permissible under sections 11 and 12 but such a violation cannot form a ground to cancel registration by passing an order under section 12AA(3)

from www.taxmann.com Latest Case Laws https://ift.tt/2UDc0JL
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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...