Income Tax Dept warns public against cash dealings of Rs 2 lakh or more saying that the receiver of the amount will have to cough up an equal amount as penalty.

No denial of sec. 10(23C) relief to educational body on existence of general objects in MOA apart from education

Mere presence of objects in memorandum providing for other charitable activities would not disentitle a society to claim approval under section 10(23C)(vi)

Refer:[2014] 49 taxmann.com 535 (Allahabad)

HIGH COURT OF ALLAHABAD

Neeraj Janhitkari Gramin Sewa Sansthan

v.

Chief Commissioner of Income-tax

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