Belated Form 10 allowed as trust had reasonable belief it has applied 85% of income for charitable purposes and not…
Accumulation of charitable income u/s 11(1)(a) for incidental business is to be calculated on net profits not gross receipts. ABCAUS…
Entire income of trust cannot be taxed for violation of Section 12A exemption conditions. Supreme Court dismisses SLP of Department.…
Amendment of Form No 10B of auditors report u/s 12A(b) for charitable institution CBDT issues draft notification proposing more comprehensive…
Lack of full declaration in Form 10 of accumulation u/s 11(2) by itself would not be fatal to the claim.…
Income accumulation application allowed under rectification u/s 154 as assessment was not completed and there was only intimation u/s 143(1)…
Income accumulated us 11(2) not deemed income when transferred from capital fund account to the income and expenditure account for…
Form 10B income accumulation amount inadvertent mistake. Income Tax authorities were misconceived in denying the claim for the difference-ITAT …
Form-10 income accumulation delay condonation. When sufficient material is before AO, insistence on the form not warranted as held by…