charitable Institution

  • Income Tax

CBDT prescribes revised procedure for registration of charitable trusts u/s 12A and u/s 80G u/s 10(23C) etc.

CBDT prescribes revised procedure for registration of charitable trusts u/s 12A / 12AB, u/s 80G u/s 1023C etc.. Income-tax (6th…

3 years ago
  • budget-2021

Amendment to provision of Charitable Trust to check double deduction on income application /accumulation

Amendment to provision of Charitable Trust and Institutions to eliminate possibility of double deduction while calculating application or accumulation Exemption…

3 years ago
  • Income Tax

Registration u/s 12AA can not be denied for non-commencement of activities – Supreme Court

Registration u/s 12AA can not be denied for non-commencement of activities. Registration can be applied for by a new trust.…

4 years ago
  • Income Tax

Settled law is that in granting registration u/s 12AA CIT Exemptions is required to examine objects

It is a settled position of law that while granting registration u/s 12AA CIT (Exemptions) is required to examine the…

4 years ago
  • Income Tax

On rejection of approval u/s 10(23C) there is no bar in making fresh application – ITAT

On rejection of approval u/s 10(23C) no bar in making fresh application, treating application of the assessee as non-est was…

5 years ago
  • Income Tax

Chartered flight travel by charitable society enjoying tax benefit, held unreasonable expenses

Chartered flight travel by a charitable society enjoying tax benefit was an unreasonable expenditure. ITAT confirms addition for want of…

5 years ago
  • Income Tax

Unspent amount of donations shown as current liabilities not income if received with stipulation to their use – HC

Unspent amount of donations shown as current liabilities not income if received with stipulation to their use by the Charitable…

6 years ago
  • Income Tax

Guidelines issued by CPC for claiming Exemption u/s 10 & 11 in ITR-7-Pre-requisites for accurate processing of ITR

Guidelines issued by CPC for claiming Exemption u/s 10 & 11 As per the provisions of Income Tax Act, the…

6 years ago
  • Income Tax

Tests must be applied to determine if an institution exists solely for educational purposes and not for profit-High Court

Tests must be applied to determine if an institution exists solely for educational purposes and not for profit. High Court…

6 years ago
  • Income Tax

Yamuna Expressway Authority-If charitable Institution us 12AA or not to be decided by Allahabad High Court, Questions of Law framed

Yamuna Expressway Authority-If charitable Institution us 12AA or not to be decided by Allahabad High Court, Questions of Law framed…

7 years ago