Monday, December 30, 2019

CIT has No Power to Assess Objectives of Charitable Entities u/s 11A: Chhattisgarh High Court [Read Judgment]

The Bilaspur Bench of the Chhattisgarh High Court in the case of CIT v Rishabh Foundation Trust holding in favor of the assessee upholding registration under Sections 12A refused to interfere with the order of the ITAT held that Section 12A of the Income Tax Act does not empower the CIT to assess the objects […]

The post CIT has No Power to Assess Objectives of Charitable Entities u/s 11A: Chhattisgarh High Court [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.



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