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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Exemption u/s 11 - Where the assessee society is at nascent ...


Society in Early Stages Not Required to Perform Charitable Activities Before Section 12AA Registration Application Evaluation.

September 12, 2019

Case Laws     Income Tax     AT

Exemption u/s 11 - Where the assessee society is at nascent stage then it cannot be expected that the society must do some charitable work before seeking grant of registration u/s 12AA and consequently consideration of genuineness of the activities by the Ld. CIT does not arise. - AT

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