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Income Tax - Highlights / Catch Notes

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Grant of registration u/s 12AA - assessee would have applied u/s ...


Society Running Educational Institutions Secures Section 12AA Registration; Eligibility for Other Exemptions Not a Barrier.

May 1, 2019

Case Laws     Income Tax     HC

Grant of registration u/s 12AA - assessee would have applied u/s 10(23C) - once the CIT(E) having accepted that the main aim of the society was running of college and educational institutions and made no adverse observation regarding genuineness of the objects or the activities carried on by the society - could not denied registration holding that it was entitled to exemption under any other provision

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