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Income Tax - Highlights / Catch Notes

Home Highlights January 2025 Year 2025 This

Assessee Society's activities charitable for public at large. ...


Nonprofit organization's activities deemed charitable for public good, not commercial.

January 3, 2025

Case Laws     Income Tax     HC

Assessee Society's activities charitable for public at large. CIT(E)'s finding that activities in nature of trade, commerce or business covered by proviso to Section 2(15) incorrect. HC upheld ITAT's direction to CIT(E) to grant registration u/s 12AA. Decided in favour of assessee.

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