The Income Tax Appellate Tribunal ( ITAT ), Mumbai bench had allowed tax relief to the Indian Plastics Institute by holding the activity of organizing International Conference by the Institute would not constitute a ‘Commercial activity’ for denying tax benefit to them. The assessee-trust is registered under the Bombay Public Trusts Act, 1950 and also […]
The post Conducting International Conference by Indian Plastics Institute is not a ‘Commercial Activity’: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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