Once registration granted u/s 12A entire receipts can not be taxed without allowing expenses
February 21, 2020
Income Tax, ITAT
Once registration granted u/s 12A entire receipts can not be taxed as income without allowing any expenses. Disallowances can be made only on violation of conditions. ABCAUS Case Law Citation:ABCAUS 3262 (2020) (02) ITAT In the instant case, appeal had been filed by the assessee against the impugned …