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Income Tax - Highlights / Catch Notes

Home Highlights January 2016 Year 2016 This

When the assessee is registered as charitable institution and ...


Charitable Institution Retains Exemption as Section 2(15) Proviso Inapplicable Due to Consistent Activities Over Years.

January 30, 2016

Case Laws     Income Tax     AT

When the assessee is registered as charitable institution and there is no change in the aims and objects of assessee in the impugned AY and the activities of assessee over the years remains the same, the proviso to section 2(15) cannot be applied to assessee to deny exemption u/s 11 - AT

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