Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights May 2014 Year 2014 This

Society is not doing any charitable work for uplift of general ...

Income Tax

May 23, 2014

Society is not doing any charitable work for uplift of general community and using its funds only for uplift of Sikh community by providing education in various fields, which is contrary to the provision of Section 80G(5)(iii) - CIT has rightly rejected the application - AT

View Source

 


 

You may also like:

  1. Charitable purpose – whole idea of this mutual society is that the particular members comprising it should be benefited out of their own contribution - assessee society...

  2. Charitable purpose - the application of the fund is not made for charitable activity but for construction of the building, which again does not directly reflect the...

  3. Charitable Society - cancellation of registration on ground that Society is indulged in taking Forcible Donations - DIT (E) was not justified in cancelling the...

  4. Taxability in hands of society - fund transferred to ‘Distribution Pool Fund Account’ it is not taxable in the hands of the Society. - SC

  5. Exemption u/s 11 - Approval to the respondent-society u/s 80G - the amount in FDRs had enhanced - The amount only gives a protection to the society for daily needs, if...

  6. Merely mentioning about various objects in the nature of charitable activities in the MOA, does not mean that the society is doing any charitable activities as general...

  7. Approval u/s 80G(5)(vi) - only one object out of several objects cannot give a religious or communal colour to the assessee society. The rest of the objects aimed at...

  8. Supply or not - Applicant raises funds by collecting contributions, (also called as charges in the bye laws of Applicant Society), from members of the society - Held Yes

  9. Exemption u/s 11 - charitable activity u/s 2(15) - The surplus derived from running the STD booths, pharmaceutical shops etc. was incidental and ancillary to the...

  10. Investment of surplus fund by a coop society, no deduction u/s 80P – Supreme Court

 

Quick Updates:Latest Updates