Assessee-society paid 10 per cent of amount earmarked for charitable purposes to its Secretary as salary. The Assessing Officer disallowed the amount. Commissioner (Appeals) confirmed disallowance of only 50 per cent of salary paid to Secretary. Tribunal up held the order of the CIT (A). On appeal High Court up held the order as there is no substantial question of law. (AY. 2012-13)
Avani Village Welfare Society v. ITO (2020) 275 Taxman 618 (Mad.)(HC)
S. 11 : Property held for charitable purposes-Salary paid to secretary-50% of salary was allowed as reasonable-No substantial question of law. [S.260A]