The Income Tax Appellate Tribunal (ITAT) held that the registration under section 12AA of the Income-tax Act, 1961 cannot be refused on the ground that trust has not commenced the charitable or religious activity. The
The Income Tax Appellate Tribunal (ITAT), Chandigarh bench has held that penalty under section 271(1)(a) cannot be levied on a charitable society on cancellation of its registration under Section 12AA of the Income Tax Act,
The Income Tax Appellate Tribunal (ITAT), Ranchi has held that the registration under section 12AA of the Income Tax Act, 1961 cannot be denied to a charitable trust merely because it is running a medical
The Maharashtra Appellate Authority for Advance Ruling ( AAAR ) has held that any amount collected towards charges collected under the “Unparallel Health Insurance Scheme” will not be subjected to the levy of GST in
The Rajasthan High Court has ruled that mere transaction of sale, purchase between two related persons is not covered under the expression 'diversion' of income. The respondent-assessee, Ramdoot Prasad Sewa Samiti is a trust registered
The Supreme Court recently upheld the registration of the Water and Land Management Training and Research Institute as a charitable organization under Section 12AA ruling against the revenue in a special leave petition filed before
The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has recently, in an appeal filed before it, while setting aside the denial of Section 11 benefit, held that a registration of trust once done under Section
The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the exemption under the Income Tax Act cannot be denied to an education trust merely because it provided hostel, transportation and mess facilities to
The Telangana Authority of Advance Ruling (AAR) recently held that 18% GST applicable on renting immovable property to an Educational Institution which was registered under section 12AA of Income Tax Act 1961 The applicant M/s.
The Chandigarh bench of the Income Tax Appellate Tribunal (ITAT) held that the loss incurred by embezzlement is an admissible deduction. The Assessee, Gurudwara Godri Sahib Baba Farid Society is a registered under the Societies
The Bangalore bench of Income Tax Appellate Tribunal (ITAT) has recently held that, no tax should be charged on entire receipts if the income is below threshold limit. Assessee H M V Educational is a
The Income Tax Appellate Tribunal (ITAT), Delhi has allowed income tax exemption to society engaged in imparting education through schools on an appeal filed by Wilsonia West End School Society. The assessee had moved separate
The Central Government today denied all such reports that education will become expensive under GST. It stated that “such reports are completely unsubstantiated. In fact, there is no change made in any subject relating to
The Income Tax Appellate Tribunal ( ITAT ), Jaipur Bench, has recently, in an appeal filed before it, held that registration to trust cannot be cancelled for mere non-compliance of notice during the covid-19 period.
The services by way of advancement of yoga are now out of the scope of service tax. In a recent notification, the Central Board of Excise and Customs (CBEC) has removed the service tax liability