TMI BlogIncome Tax Exemption Upheld: Donation to Unregistered Society u/s 11 Accepted Despite Section 12A Non-Registration.Exemption u/s 11 - application of income - Donation to another society - Merely because PSESA was not registered u/s 12A of the Act for the year under consideration that cannot be a reason for not allowing corpus donation of ₹ 8.02 crores to the assessee society, keeping in mind that the donee society is also a like minded society. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|