Monday, June 1, 2020

Activities performed in ‘Virtual Classrooms’ also comes under the Definition of ‘Education’: ITAT grants relief to NIIT Foundation [Read Order]

In a significant ruling granting relief to the NIIT Foundation, the Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the activities performed in ‘virtual classrooms’ also comes under the definition of ‘education’ eligible for an exemption to charitable activities under the Income Tax Act, 1961. During the relevant assessment year, the […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3di4k8h

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