Exemption u/s 11 - eligibility for exemption u/s 12A - ...

Income Tax

November 9, 2020

Exemption u/s 11 - eligibility for exemption u/s 12A - educational institution - The Tribunal lost sight of the distinction between a claim for registration under Section 12AA and a claim for exemption under Section 11 of the Act. The DIT(E) failed to adhere to the instructions issued by the CBDT which is binding on the DIT(E). As observed earlier, the recent pandemic has taught very many lessons and one of which is that, mode and method of education cannot be in any manner restricted, but should be given the widest meaning that is possible - HC

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Exemption u/s 11 - eligibility for exemption u/s 12A - ...

Income Tax

November 9, 2020

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