![Trust not Entitled to Exemption since it had not Maintained Books of Accounts in respect of its Incidental Business: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/11/Trust-Taxscan.jpg "Trust not Entitled to Exemption since it had not Maintained Books of Accounts in respect of its Incidental Business: Bombay HC [Read Judgment]")
Trust not Entitled to Exemption since it had not Maintained Books of Accounts in respect of its Incidental Business: Bombay HC [Read Judgment]
The Bombay High Court has recently ruled that trust would not be entitled to get the exemption since it had not maintained books of accounts in...
![Society consists of Urologist Doctors eligible for 12A Registration: Chhattisgarh HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/02/Urologist-Doctors-Taxscan.jpg "Society consists of Urologist Doctors eligible for 12A Registration: Chhattisgarh HC [Read Judgment]")
![Trust Is Eligible for Depreciation Even though the Entire Expenditure Incurred for Acquisition of Capital Assets was treated as Application of Income: SC [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Depreciation-Taxscan.jpg "Trust Is Eligible for Depreciation Even though the Entire Expenditure Incurred for Acquisition of Capital Assets was treated as Application of Income: SC [Read Order]")
![Activities of a Trust can’t be suspected merely on Ground that it Received Donation and Grants from other Entities: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Donation-Taxscan.jpg "Activities of a Trust can’t be suspected merely on Ground that it Received Donation and Grants from other Entities: ITAT [Read Order]")
![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]")
![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]")
State cannot refuse to Grant Exemption to Education Institutions covered u/s 29 of Tamil Nadu Urban Land Tax Act: HC [Read Judgment]
The Madras High Court recently ruled that exemption provided under section 29 of the Tamil Nadu Urban Land Tax Act, 1966 is mandatory and the State cannot refuse to grant such exemption to educational...
12A Registration cant be revoked without Proving Foreign Contribution is likely to be used for Personal Gains: Delhi High Court [Read Judgment]
The Delhi High Court has ruled that the registration granted to a society under section 12A of the Income Tax Act, 1961 cannot be revoked in the absence of evidence that the foreign contribution is...
![12A Registration cant be revoked without Proving Foreign Contribution is likely to be used for Personal Gains: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Delhi-High-Court-Tax-Scan-1.jpg "12A Registration cant be revoked without Proving Foreign Contribution is likely to be used for Personal Gains: Delhi High Court [Read Judgment]")
Revenue cannot take Benefit of a Pending Appeal before HC until it is Disposed: Bombay HC [Read Order]
In CIT v. Bharati Vidyapeeth, Pune, a division bench of the Bombay High Court dismissed a departmental appeal by observing that it cannot take a plea on the basis of a pending appeal which is not yet...
![Revenue cannot take Benefit of a Pending Appeal before HC until it is Disposed: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Bombay-High-Court-2-Tax-Scan.jpg "Revenue cannot take Benefit of a Pending Appeal before HC until it is Disposed: Bombay HC [Read Order]")
Registration u/s 12A cannot be denied to a Trust merely on Ground of Collection of Fee: ITAT Kolkata [Read Order]
In Gyaan Vikas Foundation v. CIT (Exemptions), the division bench of the ITAT, Kolkata held that registration under section 12A of the Income Tax Act cannot be denied to a Trust merely on the ground...
![Registration u/s 12A cannot be denied to a Trust merely on Ground of Collection of Fee: ITAT Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Chandigarh-Taxscan.jpg "Registration u/s 12A cannot be denied to a Trust merely on Ground of Collection of Fee: ITAT Kolkata [Read Order]")
![Payment of Scholarship is ‘Charitable Expenditure’: Allahabad HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/03/Scholarship-Taxscan.jpg "Payment of Scholarship is ‘Charitable Expenditure’: Allahabad HC [Read Judgment]")
Charitable Institution is entitle to Claim Exemption even if the Managing Trustee is participating in the Profits of Trust’s Income: Delhi HC [Read Judgment]
The division bench of Delhi High Court ruled that, a Charitable institution which is duly registered under the Indian Societies Act, is entitled in law to the claim the exemption of its income, unser...