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Income Tax - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

Cancellation of registration u/s 12AA - Exemption u/s 11 - ...


Assessee's Section 12AA Registration Canceled: Midday Meal Supply Deemed Business, Not Charitable, Invalidating Section 11 Exemption.

August 9, 2018

Case Laws     Income Tax     HC

Cancellation of registration u/s 12AA - Exemption u/s 11 - supply of midday meals - The assessee, as rightly found, is engaged in a business and there can be no registration u/s 12AA as a charitable institution.

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