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Income Tax - Highlights / Catch Notes

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Deduction u/s 80G - trust had made expenses more than 5% of its ...

Income Tax

April 21, 2023

Deduction u/s 80G - trust had made expenses more than 5% of its total receipts - assessee has submitted that during the year under consideration, the religious expenses/poojari expenses were only to the tune of 1.67% of the total income and CIT(Exemption), Ahmedabad has taken an incorrect figure of “total income” for working out the percentage of religious/Poojari expenses - Matter restored back - AT

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