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...
![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]](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...
![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]](https://www.taxscan.in/wp-content/uploads/2016/06/Delhi-High-Court-Tax-Scan-1.jpg "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]")
Income Tax Exemption cannot be denied to a Trust deriving income from developing / selling of land under Statutory Scheme: Punjab & Haryana HC [Read Judgment]
Recently, in the case of CIT (Ex), Chandigarh v. M/s Improvement Trust, the two-judge bench of the Punjab and Haryana High Court has categorically held that a Trust deriving income from developing/...
![Income Tax Exemption cannot be denied to a Trust deriving income from developing / selling of land under Statutory Scheme: Punjab & Haryana HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Punjab-and-Haryana-High-Court-Tax-Scan.jpg "Income Tax Exemption cannot be denied to a Trust deriving income from developing / selling of land under Statutory Scheme: Punjab & Haryana HC [Read Judgment]")
A Trust with both charitable & religious objects cannot be denied registration u/s 12A; ITAT Mumbai [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal, in a recent case ruled that, the registration u/s 12A cannot be denied to a Trust with both charitable and religious objects under section...
![A Trust with both charitable & religious objects cannot be denied registration u/s 12A; ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Charitable-Trust-Taxscan.jpg "A Trust with both charitable & religious objects cannot be denied registration u/s 12A; ITAT Mumbai [Read Order]")
Payment of amount under Income Declaration Scheme can be made in cash to the Banks: CBDT issues new set of FAQs [Read FAQs]
The Central Board of direct Taxes (CBDT) today issued fifth set of Frequently Asked Questions (FAQs) clarifying the different aspect of Income Declaration Scheme. The Income Declaration Scheme, 2016...
Charitable Trust who runs pre-school cannot be denied registration u/s 12A of Income Tax Act for Tax benefits; ITAT Mumbai [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal has recently held that, Charitable Trust who runs pre-school cannot be denied registration under section 12A of Income Tax Act for Income Tax...
