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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Withdrawal of approval/registration granted u/s 12A -The ...


Charitable Status Revoked: Society's 12A Registration Withdrawn for Favoring Max Group Over Public Benefit.

April 6, 2015

Case Laws     Income Tax     AT

Withdrawal of approval/registration granted u/s 12A -The assessee-society was charitable to only one entity out of the whole planet, i.e., the corporate Max Group of companies. It was not charitable towards the society or public at large but, in fact, it was “uncharitable”. - AT

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