Judgement

The ITAT Bangalore Directed Trust to reconcile Rs 67.40 Crore fee receipts and establish educational activities


 ITAT Remands Trust’s Section 12AA Registration Application for Fresh Examination

The ITAT Chennai has quashed the cancellation of an Educational Trust's registration under Section 12AA of the Income Tax Act, 1961.

ITAT Quashes Cancellation of Charitable Trust's Registration Over Capitation Fee Allegations That Are Not Proved 

The ITAT observed that since the MOA amendment application was still pending, the assessee should be given one more opportunity.

ITAT Restores Section 12AA Registration Citing Pending Application for MOA Amendment

No Deeming provision in Income Tax for Section 12AA Registration: ITAT

Madras High Court: Excess of income over expenditure by itself not a reason to hold that the assessee is not engaged in charitable activities and is not entitled to avail benefit of Section 11 of the Income Tax Act, 1961 and registration under Section 12AA of the Act

Excess of income over expenditure is not a reason to conclude that assessee is not engaged in charitable activities

Newly Registered Trust entitled for registration under sec 12AA on basis of its objects - SC Since section 12AA pertains to the registration

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ITAT Remands Trust’s Section 12AA Registration Application for Fresh Examination

ITAT Quashes Cancellation of Charitable Trust's Registration Over Capitation Fee Allegations That Are Not Proved

ITAT Restores Section 12AA Registration Citing Pending Application for MOA Amendment

No Deeming provision in Income Tax for Section 12AA Registration: ITAT

Excess of income over expenditure is not a reason to conclude that assessee is not engaged in charitable activities

Newly Registered Trust entitled for registration under sec 12AA on basis of its objects - SC