Begin typing your search above and press return to search.
![Taxation of Gross Receipts Without Valid 12A Registration: ITAT Rules Only Net Surplus After Expenses Taxable [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Taxation-of-Gross-Receipts-12A-Registration-ITAT-Rules-Surplus-Expenses-Taxable-Taxscan.webp "Taxation of Gross Receipts Without Valid 12A Registration: ITAT Rules Only Net Surplus After Expenses Taxable [Read Order]")
Taxation of Gross Receipts Without Valid 12A Registration: ITAT Rules Only Net Surplus After Expenses Taxable [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT)Â held that only the net surplus after allowing expenses and depreciation is taxable where a...
![Sale Price approved by Charity Commissioner had to be followed in case of Trust’s Sale Deed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Sale-Price-Taxscan.jpg "Sale Price approved by Charity Commissioner had to be followed in case of Trust’s Sale Deed: ITAT [Read Order]")