The Hyderabad bench of the Income Tax Appellate Tribunal ( ITAT ) held that collecting fee for rendering services by Charitable Society cannot be considered as ‘commercial activity’ and hence is liable for exemption under Section 11 of the Income Tax Act. The Assessee, Institute of Health Systems, is a society formed and registered under […]
The post Collecting Fee by Charitable Society for Rendering Service not a ‘ Commercial Activity ’: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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