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Income Tax - Highlights / Catch Notes

Home Highlights June 2020 Year 2020 This

Recognition u/s 80G - already granted registration u/s 12AA - ...

Income Tax

June 6, 2020

Recognition u/s 80G - already granted registration u/s 12AA - trust is generating surplus year after year and majority of receipts are by way of tuition fee and others. - reasons cited by Ld.CIT(E) are not the requirements mandated by provisions of the act, and cannot be the basis for rejection of assessee’s application for recognition under section 80G.

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