The ITAT Indore considered an appeal regarding exemption u/s 11 ...

ITAT Indore grants registration u/s 12AB to assessee for charitable activities. Commercial receipts not exceeding 20% of total receipts.

Case Laws Income Tax

May 24, 2024

The ITAT Indore considered an appeal regarding exemption u/s 11 and registration u/s 12AB for a charitable organization. The CIT(E) rejected the application based on the belief that the organization's commercial receipts exceeded 20% of total receipts. However, the ITAT found that the organization was not engaged in trade or business but provided services for charitable purposes, charging nominal fees to cover costs. Citing precedent, the ITAT concluded that such activities did not constitute commercial activities. The ITAT set aside the CIT(E)'s decision and directed the grant of registration u/s 12AB, allowing the organization's appeal.

View Source

← Previous Next →

The ITAT Indore considered an appeal regarding exemption u/s 11 ...

ITAT Indore grants registration u/s 12AB to assessee for charitable activities. Commercial receipts not exceeding 20% of total receipts.

Case Laws Income Tax

May 24, 2024

You may also like:

Exemption u/s 11 - grant of registration u/s 12AA - Assessee engaged providing activities like sale/purchase of medicine, running of pathological clinic, x-ray clinic,...

Exemption u/s 11 - Grant of registration u/s 12AA - The provisions of section 11 (1)(c) comes into operation only once registration is granted u/s 12A of the Act and...

Denial of Registration u/s. 12AB - when the Trust Deed was there before the CIT(E) and the assessee furnished all the necessary details of the activities carried out up...

The ITAT considered the grant of registration u/s 12AB, where the assessee's application was rejected for non-compliance and failure to prove genuineness of activities....

Exemption u/s 11 - grant of registration under section 12AA(l)(b)(II) denied - Charitable activity u/s 2(15) - The registration under section 12AA is only to the objects...

Exemption u/s 11 -proof of Charitable activity u/s 2(15) - assessee entered into franchise agreement - Merely because the assessee entered into franchise agreement with...

Denial of exemption u/s 11 - cancellation of registration u/s 12AA(3) - Since the assessee is in the micro finance activity, the activity itself is a charitable activity...

Exemption u/s 11 - Registration u/s 12AA - Charitable activity u/s 2(15) - the assessee is working for both religious and charitable purpose and the property in question...

Approval granted u/s 10(23C)(iv) revoked - charitable activity u/s 2(15) questioned - The Revenue alleges that the assessee is promoting its own products under the guise...

Exemption u/s 11 - Charitable activity u/s 2(15) - Commercial activity - Citing past decisions favorable to the trust under similar assessments, the Tribunal reiterated...

Rejection of application filed in form no. 10AB for grant of registration u/s 12AB and 80G(5) - The ITAT found that the CIT(E) had grounds for dissatisfaction based on...

Exemption u/s 11 - application filed by the assessee in Form No.10AB for registration u/s 12AB rejected finding that the objects of the assessee were for the benefit of...

The Appellate Tribunal considered the issue of registration u/s 80G(5)(iii). The provisional registration was questioned due to a delay in applying for regular...

Exemption u/s 11 and 12 - charitable activity u/s 2(15) - total receipts from trade, commerce or business/service exceeded 20% of total receipts - The ITAT, referencing...

Exemption u/s 11 - registration u/s 12AA - the assessee is carrying out certain activities which can be termed as religious activities but in our considered opinion can...

Quick Updates: