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Income Tax - Highlights / Catch Notes

Home Highlights December 2013 Year 2013 This

Denying exemption u/s. 11 and 10(23C) - The objects of the ...


Trust's Exemption Denied: Significant Violation of Objectives Invalidates Original Registration Basis u/ss 11 and 10(23C).

December 17, 2013

Case Laws     Income Tax     AT

Denying exemption u/s. 11 and 10(23C) - The objects of the trust have been violated in a wholesome manner and the basis on which registration is granted no longer survives or holds good, would call immediate interference by the registration granting authority - AT

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