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Income Tax - Highlights / Catch Notes

Home Highlights February 2013 Year 2013 This

Registration granted u/s 12AA cancelled - the activities of the ...


Assessee Trust's Section 12AA Registration Cancelled Due to Trade-Like Activities; Lacks Support for Disadvantaged Groups.

February 26, 2013

Case Laws     Income Tax     AT

Registration granted u/s 12AA cancelled - the activities of the assessee trust clearly constitute activities in the nature of trade, commerce or business because no plots are reserved for any socio-economically lower society, there is no element of donation or support to any cause - AT

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