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2020 (2) TMI 726 - HC - Income TaxExemption u/s 11 - grant the registration u/s 12A - Charitable activity u/s 2(15) - payment of the rent of the premises to related parties is not on pro rata basis though the premises are adjoining and the rent was being paid only to the office bearers of the Society - whether the society exists for the purpose of profit of the office bearers not for charitable purpose thus attracts proviso to section 13 (1) (c) ? - Tribunal concluded that the issue regarding payment of rent to the members could be examined at the time of the assessment proceedings - HELD THAT:- We find that the learned Tribunal has rightly come to the conclusion that the genuineness of the objects of the assessee Society could not be doubted and has rightly directed the CIT, Bhopal to grant registration to the Society. Appellant failed to point out any illegality or perversity in the findings arrived at by the learned Tribunal warranting interference by this Court in exercise of power under Section 260-A of the Act. No substantial question of law arises
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