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Income Tax - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

Registration under S.12AA - dissolution clause - incidental ...


Section 12AA Registration: Dissolution Clause and Fundraising for Main Objectives, No Overseas Activities Indicated.

August 8, 2016

Case Laws     Income Tax     AT

Registration under S.12AA - dissolution clause - incidental objects - such clause primarily enables the assessee to raise funds to attain the main objects of the company. It does not give any impression that the assessee shall carry out its activities outside India. - AT

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