Wednesday, July 15, 2020

ITAT grants Tax Exemption to Charitable Trust engaged in providing Mid-Day Meal to School Students [Read Order]

The Income Tax Appellate Tribunal (ITAT), Jodhpur has recently allowed income tax exemption to a charitable Trust engaging in the activity of providing mid-day meals to school children and held that the assessee trust has spent more than 85% and no amount has been set apart for future years. The surplus generated by the assessee […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3j32lbh

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