2014 (5) TMI 1194 - SCH - Income Tax

Charitable activities u/s 2(15) - exemption u/s 10(23C) - Whether receipt of royalty in lieu of IPR is charitable activity or not - Requirement of separate books of accounts - Registration of charitable institution u/s 10(23C) of the Income Tax Act - HELD THAT - Delay condoned. Leave granted.

Summary

The Supreme Court of India in 2014 (5) TMI 1194 - SC Order, with judges Mr. Anil R. Dave and Mr. Shiva Kirti Singh, granted leave and condoned delay in the case. The case was tagged with Civil Appeal No. 5056 of 2012, and no interim relief was granted at that stage. Parties represented by various lawyers.