Thursday, November 5, 2020

No substantial question of law arises on ITAT’s ruling allowing only 50% of salary paid by society to its society

INCOME TAX : Where assessee-society paid 10 per cent of amount earmarked for charitable purposes to its Secretary as 'salary' and Tribunal upheld order of Commissioner (Appeals) that only 50 per cent of salary paid to its Secretary was to be allowed, since there was no substantial questions of law arising for consideration, assessee's appeal against order of Tribunal was to be dismissed

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000196064/no-substantial-question-of-law-arises-on-itat’s-ruling-allowing-only-50-of-salary-paid-by-society-to-its-society.aspx

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