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Income Tax - Highlights / Catch Notes

Home Highlights April 2017 Year 2017 This

The assessee which was pursuing printing, publishing and ...


Christian Literature Publisher Recognized as Religious Organization; Misapplication of Income Tax Act Section 2(15) Corrected.

April 27, 2017

Case Laws     Income Tax     AT

The assessee which was pursuing printing, publishing and distribution of Christian literature and tracts as its main activity, could be considered only as a religious one - lower authorities fell in error by applying section 2(15) to it, when said Section has no applicability on religious institutions. - AT

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