Sunday, June 30, 2019

Tax Exemption can’t be denied to Trust Merely because One Donation in One Year is doubted: ITAT [Read Order]

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the income tax exemption cannot be denied to a Trust merely because one donation in one year is doubted. While concluding the assessment proceedings against the assessee, the CIT (Exemption) found that the assessee was not carrying out activities in accordance with […]

The post Tax Exemption can’t be denied to Trust Merely because One Donation in One Year is doubted: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



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