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Income Tax - Highlights / Catch Notes

Home Highlights September 2023 Year 2023 This

Approval u/s 80G Denied - Real purpose to construct a building ...


Approval Denied: Section 80G Rejection Due to Unclear Building Purpose and Funding Sources by Govt and MPLADS.

September 15, 2023

Case Laws     Income Tax     AT

Approval u/s 80G Denied - Real purpose to construct a building not known - Revenue submitted that the applicant generated huge resources in the name of building construction even the said building construction was to be financed by/from MPLADS and constructed by Government of Haryana - CIT(E) rightly rejected the approval u/s 80G - AT

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