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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Registration u/s 12A and approval u/s 80G denied - The only ...

Income Tax

February 19, 2016

Registration u/s 12A and approval u/s 80G denied - The only grievance of the ld.CIT(Exemptions) appears to be that the son of the settler is constructing a building in the name of the entity in which he was interested as a shareholder or director and not in the name of the trust proposed to be used for the purpose of the appellant-trust. This, does not, in any way militate against the charitable character of the objects of the appellant-trust - AT

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