Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Exemption u/s 11 allowed - appellant is engaged in preservation ...

Income Tax

April 26, 2016

Exemption u/s 11 allowed - appellant is engaged in preservation of monuments and articles/ things of historic nature, which is the predominant object of the appellant thus does not cease to be a charitable institution - AT

View Source

 


 

You may also like:

  1. Monuments in the memory of war heroes - preservation of monument would be charitable purpose entitling the assessee to fall within the amended definition enshrined in...

  2. Charitable activity within the scope of section 2(15) - exemption u/s 11 - activity of preservation of environment - the activities of the assessee are charitable in nature.

  3. Entitlement for exemption u/s 10(23C)(vi) – Exemption u/s 11 – Deposits and donations added – Nature of the Institution – Educational OR profit motive - exemption allowed - AT

  4. Additional depreciation on plant and machinery - intermediary Bitumen mix is not article or thing manufactured or produced by the assessee - additional depreciation not...

  5. Exemption u/ 11 - claim denied as assessee is maximizing profits by selling the properties by auction - the assessee is a charitable entity u/s 2(15) of the 1961 Act,...

  6. Exemption u/s 11 - charitable activity u/s 2(15) - activity of management of liquid and solid wastes - the dominant objects of the assessee are charitable in nature and...

  7. Deduction u/s 80IB - Manufacturing activity - claim denied as assessee company is only providing services to mineral oil concerns and generation of logs does not amount...

  8. PM launches historic Support and Outreach Initiative for MSME Sector

  9. Rajya Sabha passed the historic GST Constitution Bill today unanimously

  10. Parliament Passes the Historic Companies Bill 2012

 

Quick Updates:Latest Updates