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Income Tax - Highlights / Catch Notes

Home Highlights December 2012 Year 2012 This

Renewal of approval under section 80G(5) of the Act - Even the ...

Case Laws     Income Tax

December 10, 2012

Renewal of approval under section 80G(5) of the Act - Even the unauthorized amended Trust Deed/so called supplementary Trust Deed contravenes the provisions of section 80G(5)(iii) read with Explanation 3 of the Act, being expressed to be for the benefit of a particular religious community i.e. Hindu. - Trust is not entitled to renewal of approval u/s 80G(5) of the Act. - AT

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