Registration can’t be Refused on the Ground that Trust has not commenced the Charitable / Religious-Activity: ITAT [Read Order]
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
Cancellation of S. 12AA Registration to Society can’t be a Ground for Imposing Penalty: ITAT [Read Order]
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,
S. 12AA Registration can’t be denied merely because running a Medical Shop inside Hospital: ITAT [Read Order]
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
No GST on Charges collected under Unparallel Health Insurance Scheme: AAAR [Read Order]
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
Mere Transaction of Sale, Purchase between two related persons not covered under the Expression ‘Diversion’ of Income: Rajasthan HC [Read Order]
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
Activities of Water and Land Management Training and Research Institute ‘per se’ Charitable: Supreme Court upholds grant of Registration u/s 12AA
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
Registration of Trust u/s 12AA Once Done, Continues Unless Withdrawn by Specific Order: ITAT Sets Aside Denial of Sec 11 Benefit [Read Order]
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
Exemption can’t be denied to Education Trust because of providing Hostel, Transportation and Mess facilities: ITAT [Read Order]
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
18% GST applicable on Renting Immovable Property to an Educational Institution registered u/s 12AA of Income Tax Act: AAR [Read Order]
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.
Loss Incurred by Embezzlement is an Admissible Deduction: ITAT allows Appeal [Read Order]
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
No Tax Shall Be Charged on entire receipts If Income below the Threshold Limit: ITAT [Read Order]
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
ITAT allows Income Tax Exemption to Society engaged in imparting Education through Schools [Read Order]
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
Centre denies reports that School Education would be Costlier under GST
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
Registration to Trust cannot be Cancelled for Mere Non-compliance of Notice during Covid-19 Period: ITAT [Read Order]
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.
CBEC ousts Services by way of advancement of Yoga from Service Tax Ambit Retrospectively [Read Notification]
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