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Income Tax - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Exemption u/s 80G(5)(vi) refused - Trustees appointed because ...


Trust's 80G Exemption Denied Due to Trustee Appointment Based on Organizational Affiliation; CIT Lacks Interference Authority.

June 15, 2015

Case Laws     Income Tax     AT

Exemption u/s 80G(5)(vi) refused - Trustees appointed because they belonged to a particular organization - it is the prerogative of the assessee trust to choose its trustees and the CIT could not interfere with the same - AT

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