![ITAT upholds denial of Registration filed u/s 12AB of Income Tax Act on Absence of proving Genuineness of Charitable Activity [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-upholds-denial-of-Registration-Income-Tax-Act-on-Absence-of-proving-Genuineness-of-Charitable-Activity-TAXSCAN.jpg "ITAT upholds denial of Registration filed u/s 12AB of Income Tax Act on Absence of proving Genuineness of Charitable Activity [Read Order]")
ITAT upholds denial of Registration filed u/s 12AB of Income Tax Act on Absence of proving Genuineness of Charitable Activity [Read Order]
The Pune bench of Income Tax Appellate Tribunal (ITAT) has recently upheld that denial of registration filed under Section 12AB of Income Tax Act...
![Exemption u/s 11 & 12 of Income Tax Act Denied Without Prior Notice through Portal: Karnataka HC Suspends Recovery [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Exemption-Income-Tax-Act-Income-Tax-Act-Denied-Income-Tax-Act-Denied-Without-Prior-Notice-Prior-Notice-Portal-Karnataka-High-court-Karnataka-HC-Suspends-Recovery-Suspends-Recovery-taxscan.jpg "Exemption u/s 11 & 12 of Income Tax Act Denied Without Prior Notice through Portal: Karnataka HC Suspends Recovery [Read Order]")
![No Exemption Claimed in the Preceding Year on the Purchase of Fixed Assets: ITAT deletes addition made u/s 143(1) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Exemption-No-Exemption-Preceding-Year-Purchase-of-Fixed-Assets-Fixed-Assets-ITAT-addition-Income-Tax-taxscan.jpg "No Exemption Claimed in the Preceding Year on the Purchase of Fixed Assets: ITAT deletes addition made u/s 143(1) [Read Order]")
![Kerala HC halts Income Tax Recovery on Solidarity Movement of India till Decision on Audit Report Delay Condonation Application [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Kerala-High-Court-Income-Tax-Income-Tax-Recovery-Solidarity-Movement-Solidarity-Movement-of-India-Audit-Report-Condonation-Application-taxscan.jpg "Kerala HC halts Income Tax Recovery on Solidarity Movement of India till Decision on Audit Report Delay Condonation Application [Read Order]")
![Organizing Drama on Commercial Basis by Charitable Trust is “Commercial Activity”, No Income Tax Exemption: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Organizing-Drama-Drama-Drama-on-Commercial-Basis-Charitable-Trust-Commercial-Activity-Income-Tax-Exemption-Income-Tax-ITAT-taxscan-.jpg "Organizing Drama on Commercial Basis by Charitable Trust is “Commercial Activity”, No Income Tax Exemption: ITAT [Read Order]")
Non-filing of Form 10B within Due Date and During Processing of ITR: ITAT Disallows Claim u/s 11 of Income Tax Act [Read Order]
The Pune Income Tax Appellate Tribunal ( ITAT ) denied the claim for exemption of income under section 11 of Income Tax Act on the ground that the Form No.10B was not filed along with the return of...
![Non-filing of Form 10B within Due Date and During Processing of ITR: ITAT Disallows Claim u/s 11 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Form-10B-Due-Date-ITR-ITAT-Claim-Income-Tax-Act-Income-Tax-Tax-taxscan.jpg "Non-filing of Form 10B within Due Date and During Processing of ITR: ITAT Disallows Claim u/s 11 of Income Tax Act [Read Order]")
Lack of Guidance by Tax Professionals in Filing Audit Report with Income Tax Return: ITAT grants Exemption u/s 11 of Income Tax Act to Educational Trust [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ), granted exemption under Section 11 of the Income Tax Act, 1961 to educational trust on lack of guidance by tax professionals. The...
![Lack of Guidance by Tax Professionals in Filing Audit Report with Income Tax Return: ITAT grants Exemption u/s 11 of Income Tax Act to Educational Trust [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Tax-Professionals-Tax-Filing-Audit-Report-Audit-Report-Income-Tax-Return-Income-Tax-ITAT-Income-Tax-Act-Educational-Trust-Trust-taxscan.jpg "Lack of Guidance by Tax Professionals in Filing Audit Report with Income Tax Return: ITAT grants Exemption u/s 11 of Income Tax Act to Educational Trust [Read Order]")
Depreciation allowable u/s 11(6) when Cost of Fixed Assets not claimed application of Income: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that depreciation is allowable u/s 11(6) when cost of fixed assets is not claimed application of income. M/s. Podar Literacy...
![Depreciation allowable u/s 11(6) when Cost of Fixed Assets not claimed application of Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Depreciation-Cost-Fixed-Assets-Income-ITAT-taxscan.jpg "Depreciation allowable u/s 11(6) when Cost of Fixed Assets not claimed application of Income: ITAT [Read Order]")
Activities of Society for Benefit of Investors and Potential Investors forming part of General Public, eligible for Income Tax Deduction: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that activities of society for benefit of investors and potential investors forming part of general public, eligible for deduction under...
![Activities of Society for Benefit of Investors and Potential Investors forming part of General Public, eligible for Income Tax Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Potential-Investors-Income-Tax-Deduction-ITAT-taxscan.jpeg "Activities of Society for Benefit of Investors and Potential Investors forming part of General Public, eligible for Income Tax Deduction: ITAT [Read Order]")
![Restoration of Section 12A Registration entitles Assessee for Tax Exemption: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Assessee-Tax-Exemption-ITAT-TAXSCAN.jpg "Restoration of Section 12A Registration entitles Assessee for Tax Exemption: ITAT [Read Order]")
Application of Income from Surplus Funds for maintenance of Commercial Property for Charitable Purpose, liable to Exemption u/s 11: ITAT
The Income Tax Appellate Tribunal (ITAT), Pune Bench held that the application of income from surplus funds on additions to building for charitable, liable to an exemption under Section 11 of Income...
Late Filing of required Documents would not disentitle Trust from availing benefit u/s 11: ITAT [Read Order]
Late filing of required documents would not disentitle Trust from availing benefit under Section 11 of the Income Tax Act, so was held by the Income Tax Appellate Tribunal (ITAT), Mumbai. Jayesh...
![Late Filing of required Documents would not disentitle Trust from availing benefit u/s 11: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/documents-Trust-ITAT-taxscan.jpg "Late Filing of required Documents would not disentitle Trust from availing benefit u/s 11: ITAT [Read Order]")