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Income Tax - Highlights / Catch Notes

Home Highlights May 2019 Year 2019 This

Approval u/s 80G(5) - time of granting approval u/s 80G, only ...


Approval u/s 80G(5) focuses on trust's object; Section 12AA registration confirms charitable activities for further approval.

May 29, 2019

Case Laws     Income Tax     AT

Approval u/s 80G(5) - time of granting approval u/s 80G, only the object of trust is required to be examined - possession of registration u/s 12AA by assessee society shows that the activities being carried out are charitable nature and granting of approval u/s 80G(5)(vi) is consequential

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