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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Eligibility for exemption U/s. 11 - the business of renting ...


Court Remands Case for Reconsideration of Vastu Rental as Charitable Activity Under Income Tax Act Sections 11 and 2(15.

September 14, 2015

Case Laws     Income Tax     AT

Eligibility for exemption U/s. 11 - the business of renting vastu etc. for a fee - charitable activity u/s 2(15) - FAA had not considered the later judgment which is considered one of the landmark judgments dealing with charitable activities since 1980 - matter remanded back - AT

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