Reopening of assessment – AO has not examined; the question ...

Assessment Reopened: AO to Examine Trust's Compliance with Income Tax Act Sections 11 and 13 for Tax Exemption.

July 10, 2013

Case Laws Income Tax HC

Reopening of assessment – AO has not examined; the question whether the Trust fulfilled the condition laid down in Section 11 and 13 and whether the income earned from the business is exempt from Tax - reopening justified - HC

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Reopening of assessment – AO has not examined; the question ...

Assessment Reopened: AO to Examine Trust's Compliance with Income Tax Act Sections 11 and 13 for Tax Exemption.

July 10, 2013

Case Laws Income Tax HC

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This summary concerns an appeal before the Income Tax Appellate Tribunal regarding violations of Sections 11 to 13 of the Income Tax Act by a trust. The key points are:...

The appellant trust claimed to be formed for public charitable activities and registered under the Rajasthan Public Trust Act 1959, regularly filing its income tax...

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ITAT addressed registration denial under Section 12AB, focusing on Trust's eligibility for exemption under Section 11. Jurisdictional HC judgment in CIT(E) vs. Jamiatul...

Assessee trust formed on 02.09.2014 but granted registration u/s 12AA from AY 2016-17 onwards. For AY 2015-16, exemption u/s 11 denied due to lack of registration....

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