Construction Of Houses, Housing Colonies for low-income groups not Charitable Activity u/s 2(15) of Income Tax Act: ITAT [Read Order]
ITAT) held that constructing and maintaining houses, housing colonies for the low income group people are not charitable purposes under Section 2(15) of the Income Tax Act, 1961
By Aparna. M - On May 19, 2024 7:05 am - 2 mins read
The Two member bench of Pune Income Tax Appellate Tribunal ( ITAT ) held that constructing and maintaining houses, housing colonies for the low income group people are not charitable purposes under Section 2(15) of the Income Tax Act,1961 The Assessee, Golden Charitable Trust,filed the appeal against the order of Commissioner of Income Tax(Exemption)by rejecting…
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