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![Micro Finance Activity is not ‘Charitable’: ITAT denies Tax Exemption to Trust [Read Order] Micro Finance Activity is not ‘Charitable’: ITAT denies Tax Exemption to Trust [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/Micro-Finance-Activity-ITAT-Taxscan.jpg)
Micro Finance Activity is not ‘Charitable’: ITAT denies Tax Exemption to Trust [Read Order]
The Income Tax Appellate Tribunal (ITAT), Cochin bench has held that the Micro Finance Activity cannot be treated as charitable in nature for the...