Tag: 80G Approval

CBDT notifies Shri Ram Janmabhoomi Teerth Kshetra for benefit of deduction u/s 80G for donations made from AY 2021-22 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 24/2020 New Delhi, the 8th May, 2020 INCOME-TAX S.O. 1434(E).—In the exercise of the powers conferred by clause …

It is a settled position of law that while granting registration u/s 12AA CIT (Exemptions) is required to examine the objects of the assessee. If objects are charitable in nature, registration should be granted to the assessee. ABCAUS Case Law Citation:ABCAUS 3218A (2020) (01) ITAT In the instant …

Registration u/s 80G(5)(vi)-Applicant need not justify taking donations. Receiving fees in cash do not impair charitable character. Approval cannot be denied for contemplating carrying out in the future an activity not as per its stated objects. ABCAUS Case Law Citation: ABCAUS 2990 (2019) (06) ITAT The present appeal …

Draft Notification proposing Amendment of Rules 2C, 2CA and 11AA and for Nos. 10G, 56 and 56G of the Income-tax Rules, 1962 placed in public domain for inputs from stakeholders and general public  Currently, for grant of approval under sub-clauses (iv) and (v) of clause (23C) of Section 10 …

Whether Registration u/s 12AA results in approval u/s 80G(5)-ITAT orders grant of certificate based on consistent judicial opinion ABCAUS Case Law Citation: ABCAUS 2243 (2018) (03) ITAT The appellant assessee society was  aggrieved by the order passed by the CIT(Exemption) rejecting its application seeking grant of approval u/s …

Activities of animal care is advancement of object of general public utility. Society was entitled to benefit of Section 80G as amount spent was less than Rs. 10 lacs – High Court ABCAUS Case Law Citation: ABCAUS 2215 (2018) (02) HC The Challenge/Grievance: The case law involves the …

The violation, if any, of the provision of a State Act, should not come in the way of processing the application filed u/s 80G, unless the provisions of the Income Tax Act require examination of the same- ITAT ABCAUS Case Law Citation: ABCAUS 1253 (2017) (05) ITAT The …

Section 12AA 80G5 charitable trust approval-rejection on defective dissolution clause in deed is beyond the scope of enquiry for grant of registration INCOME TAX APPELLATE TRIBUNAL, KOLKATA ‘A’ BENCH, KOLKATA I.T.A. Nos. 1456 & 1457/KOL/ 2015 RP-Sanjiv Goenka Group CSR Trust …. Appellant vs. CIT (Exemptions) …. Respondent Date of …