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.

Authority to promote and secure development of local areas was eligible for sec. 12AA registration

Authority to promote and secure development of local areas was eligible for section 12AA registration

Refer:[2018] 90 taxmann.com 379 (Agra - Trib.)

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