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Income Tax - Highlights / Catch Notes

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Withdrawal of registration u/s 12AA - Once it is shown that the ...


Section 12AA: Trust's Educational Focus Maintained Despite Incidental Commercial Use of Auditorium by Outsiders.

April 16, 2014

Case Laws     Income Tax     AT

Withdrawal of registration u/s 12AA - Once it is shown that the object of the trust was advancement of education, merely because the auditorium was incidentally let out to outsiders for commercial purpose, the case would not fall in the category of advancement of any other object of general public utility - AT

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