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Income Tax - Highlights / Catch Notes

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Grant of registration u/s 12AA - Exemption u/s 11 - In case ...


Charitable Status Maintained: Charging Fees Doesn't Affect 12AA Registration & Section 11 Exemption if Free Services Offered.

April 30, 2018

Case Laws     Income Tax     AT

Grant of registration u/s 12AA - Exemption u/s 11 - In case hefty fees is being charged by the assessee society and at the same time, it is providing free education to the needy students and free medical aid to the needy patients, it cannot change its nature from charitable society to profit making society. - AT

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