Daily Archive: Saturday, September 2, 2017

Registration 12AA cannot be denied on the ground of dissolution clause – ITAT

Author: | Categories: Income Tax, ITAT, Judgments No comments
Registration 12AA cannot be denied on the ground of dissolution clause not providing transfer of income and assets to another similar institution registered u/s 12AA ABCAUS Case Law Citation: ABCAUS 2056 (2017) (08) ITAT Brief Facts of the Case: The Assessee was an university which had come into existence

 

Disallowance u/s 14A read with Rule 8D beyond scope of rectification u/s 154 – ITAT

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Disallowance u/s 14A read with Rule 8D beyond scope of rectification u/s 154 as the issue relating to applicability of section 14A is debatable – ITAT ABCAUS Case Law Citation: ABCAUS 2055 (2017) (08) ITAT The Grievance: The appeal filed by the assessee was directed against the order of