The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the society formed to impart training to the State Govt employees are eligible for income tax exemption under section 12AA of the IT Act, 1961. Before the authorities, the assessee-Trust claimed that it is registered under Bombay Public Trust Act, 1950 and […]
The post Society imparting Training to State Govt Employees eligible for Tax Exemption: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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