Major Relief to Tata Education and Development Trust for spending in Charitable objectives outside India: ITAT disallows CIT’s demand of over 100 Cr [Read Order]

The Income Tax Appellate Tribunal (ITAT), Mumbai bench on Friday ruled in favor of the Tata Education and Development Trust in their appeal against commissioner income tax (CIT) appeal order wherein demand of more than Rs.220 crore was levied by the tax department. The tribunal allowed the exemption to the Tata Education and Development Trust […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2WPc3EH