| COURT: | ITAT Jaipur |
| CORAM: | R. P. Tolani (JM), T. R. Meena (AM) |
| SECTION(S): | 12AA, 2(15), 293(c) |
| GENRE: | Domestic Tax |
| CATCH WORDS: | cancellation of registration, Charitable purpose, profit motive, surplus |
| COUNSEL: | Shyam Lal Agarwal |
| DATE: | September 30, 2014 (Date of pronouncement) |
| DATE: | October 5, 2014 (Date of publication) |
| AY: | |
| FILE: | Click here to view full post with file download link |
| CITATION: | |
| Charitable status cannot be denied by fact of surplus. Mere levy of fees is neither reflective of business aptitude nor indicative of profit oriented intent | |
Applying the above test, the Hon’ble Delhi High Court opined that a mere levy of fees is neither reflective of business aptitude nor indicative of profit oriented intent. The Hon’ble Delhi High Court held that when propelling motive is not …
Jaipur Development Authority vs. CIT (ITAT Jaipur) Read More »
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