Kerala HC directs ITAT to decide Challenge on Income tax Exemption for Amount Received by Cricket Association [Read Order]

The Bench set aside the ITAT order and directed fresh adjudication

By Yogitha S. Yogesh - On August 4, 2024 2:05 pm - 2 mins read

Income Tax - ITAT - Income Tax Appellate Tribunal - Kerala High Court - Kerala HC - TAXSCAN

The Kerala High Court has remanded the matter to the Income Tax Appellate Tribunal ( ITAT ) and directed to decide whether income received by the Kerala Cricket Association during the assessment years 2010-11, 2012-13, and 2013-14 would partake of the nature of exempted income going by the provisions of Section 2(15) of the Income…

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