cancellation registration 12AA

  • Income Tax

Trust receiving donations under no obligation to verify source of fund or if it was acquired by unlawful activity

Trust receiving donations under no obligation to verify the source of fund of donor or whether such fund was acquired…

6 years ago
  • Income Tax

Mere payment of remuneration to trustees not attract section 13(1)(d) unless excessive or unreasonable

Mere payment of remuneration to trustees not attract section 13(1)(d) of Income Tax Act unless it is excessive or unreasonable…

6 years ago
  • Income Tax

Merely by admission of appeal against ITAT order, Revenue can not get over it. Supreme Court upholds High Court’s order

Merely by admission of appeal against ITAT order, Revenue can not get over it. Supreme Court upholds High Court’s order and dismisses…

6 years ago
  • Income Tax

Provisions for exemptions u/s 10(23C) and 12AA are completely different and independent – High Court

Provisions for exemptions u/s 10(23C) and 12AA are completely different and independent Rejection of former did not automatically result in…

6 years ago
  • Income Tax

ITAT restores registration u/s 12AA cancelled for money laundering through donation received in lieu of cash

ITAT restores registration u/s 12AA cancelled for money laundering through donation received in lieu of cash as the amount received…

6 years ago
  • Income Tax

Supreme Court explains the law on cancellation of certificate u/s 12AA

Supreme Court explains the law on cancellation of certificate u/s 12AA. Grant of Registration u/s 12A is quasi judicial function…

6 years ago
  • Income Tax

Absence of dissolution clause-Registration 12AA can not be denied to a charitable Trust for no specific clause in the Trust deed

Absence of dissolution clause-Registration 12AA can not be denied to a charitable Trust for no specific clause in the Trust…

7 years ago
  • Income Tax

No Mandatory 12AA registration cancellation for turnover cut-off as per proviso to section 2(15) if no change in nature of activities-CBDT Circular 21/2016

No Mandatory 12AA registration cancellation for business/trade turnover limit cut-off as per proviso u/s 2(15) if no change in  nature…

8 years ago
  • Income Tax

Right of appeal is a substantive right created by statute which cannot be retrospective. Appeal has to be filed within limitation prescribed

In a recent judgment, Allahabad High Court has held that  right of appeal is a matter of procedure which gets…

8 years ago
  • Income Tax

Application for registration u/s 12A-No pre-requirement to show and establish having undertaken charitable activities before filing such application

In a recent judgment, ITAT Delhi has held that it is not pre-requirement for seeking registration u/s 12A of the…

8 years ago