CIT(E) should be considering only the charitable side of the ...

Commissioner of Income Tax (Exemptions) to focus on charitable aspects, can grant conditional registration to prevent misuse.

September 27, 2016

Case Laws Income Tax AT

CIT(E) should be considering only the charitable side of the institution and grant the registration. Of course, he chooses or expects the trust will misuse the registration, he is at absolute liberty to grant conditional registration by imposing conditions like, it is eligible to claim the exemption only on charitable activities, separate books to be maintained, both books be subject to audit etc. - AT

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CIT(E) should be considering only the charitable side of the ...

Commissioner of Income Tax (Exemptions) to focus on charitable aspects, can grant conditional registration to prevent misuse.

September 27, 2016

Case Laws Income Tax AT

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