Relief to Sir Ratan Tata Trust: No Conditions can be Imposed by PCIT Under Clause 1, Section 80G (V), for Granting Registration to Trusts, rules ITAT [Read Order]

Ratan Tata Trust - PCIT - Registration - Trusts - ITAT - taxscan

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has recently, while deciding an appeal filed before it and thereby granting relief to Sir Ratan Tata Trust, held that no conditions can be imposed by PCIT under clause 1 of section 80g (v), for granting registration to trusts. The aforesaid observation was made by the Mumbai…

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