Thursday, February 14, 2019

Charitable Society eligible for Exemption on Property used as Residence of Chairman: ITAT [Read Order]

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has granted income tax exemption to a Charitable Society in respect of the property used by the Chairman as the residence. The Assessing Officer has denied exemption under section 11 (2) of the Act by finding that the property in question has been purchased in […]

The post Charitable Society eligible for Exemption on Property used as Residence of Chairman: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



from Taxscan | Simplifying Tax Laws http://bit.ly/2SxNvzS

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