![Activity of Letting Out of Marriage Hall by Trust would not constitute ‘Commercial Activity’: ITAT Allows Exemption [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Letting-Out-of-Marriage-Hall-Taxscan.jpg "Activity of Letting Out of Marriage Hall by Trust would not constitute ‘Commercial Activity’: ITAT Allows Exemption [Read Order]")
Activity of Letting Out of Marriage Hall by Trust would not constitute ‘Commercial Activity’: ITAT Allows Exemption [Read Order]
The Hyderabad bench of Income Tax Appellate Tribunal (ITAT), while allowing tax exemption under section 11 of the Income Tax Act to Kalinga Cultural...
![Andhra Cricket Association is Eligible for Tax Exemption u/s 11: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Andhra-Cricket-Association-Taxscan.jpg "Andhra Cricket Association is Eligible for Tax Exemption u/s 11: ITAT [Read Order]")
![Society cannot Claim Exemption in respect of Investment in Fixed Asset using Loan Amount: ITAT Bengaluru [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "Society cannot Claim Exemption in respect of Investment in Fixed Asset using Loan Amount: ITAT Bengaluru [Read Order]")
![Activities of Tamil Nadu Cricket Association are not ‘Commercial’ in nature: ITAT dismisses Revenue’s plea [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/06/Tamil-Nadu-Cricket-Association.jpg "Activities of Tamil Nadu Cricket Association are not ‘Commercial’ in nature: ITAT dismisses Revenue’s plea [Read Order]")
Depreciation Claim of Trust is Allowable as Application Income u/s 11 of Income Tax Act: ITAT Mumbai [Read Order]
Recently, in DCIT(E) v. Shri Sudhir Madhavji Lall Welfare & Educational Trust, the Mumbai ITAT confirmed that depreciation claim of a trust is an allowable as application money which is deductible...
![Depreciation Claim of Trust is Allowable as Application Income u/s 11 of Income Tax Act: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Depreciation-Taxscan.jpg "Depreciation Claim of Trust is Allowable as Application Income u/s 11 of Income Tax Act: ITAT Mumbai [Read Order]")
IT Exemption cannot be denied on Ground Charging of Fee for Services like Training, Conducting Seminars etc: ITAT Delhi
Recently, in the Fertilizers Association of India v. ITO, the division bench of the Delhi ITAT held that mere charging of fee from members/ non-members for rendering services like training, conducting...
Activities of South Indian Film Chamber of Commerce are not in Nature of Trade, Business or Commerce, IT Exemption cannot be denied: ITAT Chennai [Read Order]
In a major relief to M/s South Indian Film Chamber of Commerce, the division bench of the Chennai Income Tax Appellate Tribunal (ITAT) held that the activities of the society are not in the nature of...
![Activities of South Indian Film Chamber of Commerce are not in Nature of Trade, Business or Commerce, IT Exemption cannot be denied: ITAT Chennai [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/South-Indian-Film-Chamber-of-Commerce.jpg "Activities of South Indian Film Chamber of Commerce are not in Nature of Trade, Business or Commerce, IT Exemption cannot be denied: ITAT Chennai [Read Order]")
Benefit of S. 11 would not be denied on the Entire Income of Trust on Ground of Investments in Mutual Funds: ITAT Pune [Read Order]
In a recent ruling, the Pune bench of the ITAT held that the benefit of section 11 of the Income Tax Act would not be denied on the entire income of a Trust merely on ground of investments in Mutual...
![Benefit of S. 11 would not be denied on the Entire Income of Trust on Ground of Investments in Mutual Funds: ITAT Pune [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Benefit of S. 11 would not be denied on the Entire Income of Trust on Ground of Investments in Mutual Funds: ITAT Pune [Read Order]")
Income from ‘Capitation Fee’ cannot claim exemption u/s 11 & 12 of the Income Tax Act: ITAT Bangalore [Read Order]
The Income Tax Appellate Tribunal, in a recent ruling held that the amount received by a society as capitation fee cannot be considered as “voluntary” in nature and therefore, exemption under sections...
![Income from ‘Capitation Fee’ cannot claim exemption u/s 11 & 12 of the Income Tax Act: ITAT Bangalore [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/07/Capitation-fees.jpg "Income from ‘Capitation Fee’ cannot claim exemption u/s 11 & 12 of the Income Tax Act: ITAT Bangalore [Read Order]")