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Income Tax - Highlights / Catch Notes

Home Highlights December 2021 Year 2021 This

Exemption u/s 11 - grant of registration u/s 12AA - Assessee ...


High Court Affirms ITAT's Decision: Medical Services Qualify for Tax Exemption u/s 12AA, Income Tax Act.

December 10, 2021

Case Laws     Income Tax     HC

Exemption u/s 11 - grant of registration u/s 12AA - Assessee engaged providing activities like sale/purchase of medicine, running of pathological clinic, x-ray clinic, polyclinic etc. - ITAT held that assessee would qualify for grant of registration under Section 12AA of the Act and their activity is undoubtedly a charitable activity - Order of ITAT sustained - HC

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