![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]")
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...
![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]")
![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]")
Delhi High Court allows Income Tax Exemption to Charitable Society running Printing Press and uses Profit so generated for Charitable Purposes [Read Judgment]
The Delhi High Court allowed the Income Tax Exemption to Charitable Society running printing presses and using the profit generated for charitable purposes. The assessee, Servants of People...
![Delhi High Court allows Income Tax Exemption to Charitable Society running Printing Press and uses Profit so generated for Charitable Purposes [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/11/Delhi-High-Court-Income-Tax-Exemption-Charitable-Society-charitable-purposes-Taxscan.jpg "Delhi High Court allows Income Tax Exemption to Charitable Society running Printing Press and uses Profit so generated for Charitable Purposes [Read Judgment]")
Accumulation of Income by Society should be for Specific Purpose, Failure would attract Income Tax: Punjab and Haryana HC [Read Judgment]
The High Court of Punjab and Haryana held that the amount accumulation by the society in excess of 15% must be for a specific purpose and not for the other future aims and objects for the purpose of...
![Accumulation of Income by Society should be for Specific Purpose, Failure would attract Income Tax: Punjab and Haryana HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/02/Fake-Invoice-Punjab-Haryana-High-Court-Taxscan.jpg "Accumulation of Income by Society should be for Specific Purpose, Failure would attract Income Tax: Punjab and Haryana HC [Read Judgment]")
Exemption under Section 11 only When Requirements under Sec 11(4A) satisfied: Kerala High Court [Read Judgment]
The Kerala High Court has held that, “in order to decide whether the assessee is entitled to the benefit of the exemption under Section 11, it is necessary for the Tribunal to determine whether it...
![Exemption under Section 11 only When Requirements under Sec 11(4A) satisfied: Kerala High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/04/GST-Rules-Kerala-High-Court-Taxscan.jpg "Exemption under Section 11 only When Requirements under Sec 11(4A) satisfied: Kerala High Court [Read Judgment]")
Promoting Cricket is ‘Charitable Activity’ under Section 2(15) and not entitled to relief under Section 11: ITAT [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) in the case of Gujarat Cricket Assn. v. J.CIT held that assessee engaged in promoting and developing the game of cricket is engaged in...
![Promoting Cricket is ‘Charitable Activity’ under Section 2(15) and not entitled to relief under Section 11: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/02/Cricket-ITAT-Taxscan.jpg "Promoting Cricket is ‘Charitable Activity’ under Section 2(15) and not entitled to relief under Section 11: ITAT [Read Order]")
![No Tax Relief to Trust for Gift made to an Unregistered Trust: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Unregistered-Trust-Taxscan.jpg "No Tax Relief to Trust for Gift made to an Unregistered Trust: ITAT [Read Order]")
Collecting Fee by Charitable Society for Rendering Service not a ‘ Commercial Activity ’: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal ( ITAT ) held that collecting fee for rendering services by Charitable Society cannot be considered as ‘commercial activity’ and hence is...
![Collecting Fee by Charitable Society for Rendering Service not a ‘ Commercial Activity ’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Charitable-Society-Fee-Taxscan.jpg "Collecting Fee by Charitable Society for Rendering Service not a ‘ Commercial Activity ’: ITAT [Read Order]")
![Indian Institute of Packaging eligible for Tax Exemption: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Tax-Exemption-ITAT-Taxscan.jpg "Indian Institute of Packaging eligible for Tax Exemption: ITAT [Read Order]")