![ITAT slams Tax Dept for Negligence in Maintaining Records, says Assessee can’t be Penalized for such Mistakes [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/02/Cross-Examination-ITAT-Taxscan.jpg "ITAT slams Tax Dept for Negligence in Maintaining Records, says Assessee can’t be Penalized for such Mistakes [Read Order]")
ITAT slams Tax Dept for Negligence in Maintaining Records, says Assessee can’t be Penalized for such Mistakes [Read Order]
While granting section 12A registration to a Trust, the Pune bench of the Income Tax Appellate Tribunal ( ITAT ) has criticized the income tax...
![Remuneration Paid to Trustees can’t be treated as Excessive without Sufficient Proof: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Managerial-Remuneration-Taxscan.jpg "Remuneration Paid to Trustees can’t be treated as Excessive without Sufficient Proof: ITAT [Read Order]")
![Conducting International Conference by Indian Plastics Institute is not a ‘Commercial Activity’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Indian-Plastic-Institute-Taxscan.jpg "Conducting International Conference by Indian Plastics Institute is not a ‘Commercial Activity’: ITAT [Read Order]")
![Convent, not being a separate Entity, not eligible for S. 12A Registration: Kerala HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/07/Convent-Kerala-High-Court-Taxscan.jpg "Convent, not being a separate Entity, not eligible for S. 12A Registration: Kerala HC [Read Judgment]")
![No Illegality in ITAT Order allowing Donations made by Charitable Trust to another Charitable Trust: Calcutta HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/05/Donations-Taxscan.jpg "No Illegality in ITAT Order allowing Donations made by Charitable Trust to another Charitable Trust: Calcutta 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 respect of its incidental business. The assessee in the...
![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]")
![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]
The Supreme Court of India held that, there is no double benefit while allowing the depreciation of Assets when the Capital Expenditure is treated as application of Income for Charitable Purposes...
![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]
The Income Tax Appellate Tribunal, New Delhi recently ruled that activities of the trust cannot be suspected merely on the ground that it received donation and grants from other entities and the ITAT...
![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]
The Hyderabad bench of Income Tax Appellate Tribunal (ITAT), while allowing tax exemption under section 11 of the Income Tax Act to Kalinga Cultural Trust, held that the activity of letting out of...
![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...
