Thursday, June 10, 2021

CIT(E) to inform assessee as to what other approvals are required before rejecting Sec. 12AA application

INCOME TAX : Where assessee-trust engaged in imparting education is having approval from the Central Board of Secondary Education and it is also complying with the requirement of Right to Education Act, but Commissioner (E) observed that the assessee has not obtained any permission/approvals/affiliation for implementing its objects under various acts,

from www.taxmann.com Latest Case Laws https://ift.tt/3wd0ozc

No comments:

Post a Comment

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...