Entities Claiming Charitable Status under GPU cannot Exceed 20% of Gross Receipts from Commercial Activities: Madras HC [Read Order]
In a recent ruling, the Madras High Court ruled that entities claiming charitable status under the "general public utility" ( GPU ) category as...
![ITAT upholds Rejection of Tax Exemption, Citing Non-Compliance with Charitable Purpose Criteria [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Chennai-Tax-Exemption-Citing-Non-Compliance-with-Charitable-Purpose-Non-Compliance-taxscan.jpg "ITAT upholds Rejection of Tax Exemption, Citing Non-Compliance with Charitable Purpose Criteria [Read Order]")
![No Violation of Proviso to Provision of Section 2(15) of Income Tax Act: ITAT Set Aside Revision Order on Exemption u/s 11[Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/No-Violation-of-Proviso-to-Provision-Income-Tax-Act-ITAT-Aside-Revision-Order-on-Exemption-TAXSCAN.jpg "No Violation of Proviso to Provision of Section 2(15) of Income Tax Act: ITAT Set Aside Revision Order on Exemption u/s 11[Read Order]")
![Distribution of food to poor people spending on cremation of diseased during Covid-19 by trust: ITAT allows registration u/s 2(15) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Distribution-of-food-poor-people-cremation-of-diseased-Covid-19-ITAT-Income-Tax-Act-registration-taxscan.jpg "Distribution of food to poor people spending on cremation of diseased during Covid-19 by trust: ITAT allows registration u/s 2(15) of Income Tax Act [Read Order]")
![ITAT Grants Registration to Punjab Plastic Waste Management Society u/s 12A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-ITAT-Grants-Registration-Punjab-Plastic-Waste-Management-Society-Income-Tax-Act-taxscan.jpg "ITAT Grants Registration to Punjab Plastic Waste Management Society u/s 12A of Income Tax Act [Read Order]")
![Depreciation Allowable only on Fixed Assets not used for Commercial Purpose: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Depreciation-Allowable-Fixed-Assets-Commercial-Purpose-ITAT-TAXSCAN.jpg "Depreciation Allowable only on Fixed Assets not used for Commercial Purpose: ITAT [Read Order]")
Contributions received for Charitable Purpose can't be treated as Income u/s 2(24) (iia) of Income Tax Act: ITAT allows Appeal [Read Order]
The Visakhapatnam bench of the Income Tax Appellate Tribunal (ITAT) held that the contributions received for any charitable purposes cannot be treated as income under Section 2(24) (iia) of the...
![Contributions received for Charitable Purpose cant be treated as Income u/s 2(24) (iia) of Income Tax Act: ITAT allows Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Contributions-received-for-Charitable-Purpose-treated-as-Income-Income-Tax-Act-ITAT-allows-Appeal-TAXSCAN.jpg "Contributions received for Charitable Purpose cant be treated as Income u/s 2(24) (iia) of Income Tax Act: ITAT allows Appeal [Read Order]")
Activity of Providing Courses for Women is "Charitable" in Nature: ITAT allows IT Refund to Women Training Institute [Read Order]
The Delhi bench of Income Tax Appellate Tribunal (ITAT) has recently held that the activity of providing courses for women is charitable in nature therefore the tribunal allowed income tax refund to...
![Activity of Providing Courses for Women is Charitable in Nature: ITAT allows IT Refund to Women Training Institute [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Activity-of-Providing-Courses-Providing-Courses-for-Women-Courses-for-Women-Charitable-ITAT-IT-Refund-Refund-Women-Training-Institute-Taxscan.jpg "Activity of Providing Courses for Women is Charitable in Nature: ITAT allows IT Refund to Women Training Institute [Read Order]")
Income Tax Exemption to Trust u/s 11 cannot be Denied in respect of Income from Letting Out of School Auditorium for Public: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has recently, in an appeal filed before it, held that Income Tax exemption to trust u/s 11 cannot be denied in respect of income from letting...
![Income Tax Exemption to Trust u/s 11 cannot be Denied in respect of Income from Letting Out of School Auditorium for Public: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Income-Tax-Exemption-Denied-Income-School-Auditorium-Public-ITAT-TAXSCAN.jpg "Income Tax Exemption to Trust u/s 11 cannot be Denied in respect of Income from Letting Out of School Auditorium for Public: ITAT [Read Order]")
MSME registered for Skill Development not eligible for Income Tax Exemption under Section 12AA of Income Tax Act: ITAT [Read Order]
The Amritsar Bench of Income Tax Appellate Tribunal (ITAT) presided over by M.L.Meena (Accountant Member) and Anikesh Bnerjee (Judicial Member) upheld the decision of the Commissioner of Income Tax...
![MSME registered for Skill Development not eligible for Income Tax Exemption under Section 12AA of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/MSME-Income-Tax-Exemption-under-Income-Tax-Act-ITAT-TAXSCAN.jpg "MSME registered for Skill Development not eligible for Income Tax Exemption under Section 12AA of Income Tax Act: ITAT [Read Order]")
GTD Expenses are allowable as Income Tax Deduction: ITAT upholds deletion of Disallowance [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that GTD expenses are allowable as Income Tax deduction and upheld the deletion of disallowance BY Commissioner of Income Tax (A)....
![GTD Expenses are allowable as Income Tax Deduction: ITAT upholds deletion of Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/GTD-Expenses-Income-Tax-Deduction-ITAT-taxscan.jpg "GTD Expenses are allowable as Income Tax Deduction: ITAT upholds deletion of Disallowance [Read Order]")
Advancement of GPU cannot be interpreted as 'Charitable Purposes' If Done as Business, No Income Tax Exemption: Supreme Court [Read Judgment]
The Supreme Court of India, observed that “Charitable Purposes” under Section 2(15) of the Income Tax Act, 1961 does not include advancement of General Public Utility(GPU) done as business and held...
![Advancement of GPU cannot be interpreted as Charitable Purposes If Done as Business, No Income Tax Exemption: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/10/GPU-Income-Tax-Exemption-Supreme-Court-taxscan.jpg "Advancement of GPU cannot be interpreted as Charitable Purposes If Done as Business, No Income Tax Exemption: Supreme Court [Read Judgment]")