Recognition u/s 80G - already granted registration u/s 12AA - ...
Trust's Section 80G Application Wrongly Denied; Surplus from Tuition Fees Not Grounds for Rejection.
June 6, 2020
Case Laws Income Tax AT
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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