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Income Tax - Highlights / Catch Notes

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The ITAT decided on the rejection of a Trust's application for ...


Trust's 80G(5) approval denied due to unclear religious expenses. Case sent back for review.

Case Laws     Income Tax

June 25, 2024

The ITAT decided on the rejection of a Trust's application for approval u/s 80G(5) due to "religious" expenses. The CIT(E) did not seek specific details before rejecting the application. The ITAT directed a fresh assessment by the CIT(E) to determine if less than 5% of total income was spent on religious activities. If so, Trust may qualify for benefits u/s 80G(5) if other conditions are met. The appeal was allowed for statistical purposes.

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