S. 12AA : Procedure for registration-Trust or institution-Running Dharmarth Aushadhalaya, Gaushala, Bhandara and carrying out satsang and bhakti lectures-Charitable activity-Entitle for registration. [S. 2(15) 11, 12A]
S. 12AA : Procedure for registration-Trust or institution-Running Dharmarth Aushadhalaya, Gaushala, Bhandara and carrying out satsang and bhakti lectures-Charitable activity-Entitle for registration. [S. 2(15) 11, 12A]
S. 12AA : Procedure for registration-Trust or institution-Dismissal of application without stating any facts-Matter remanded to the CIT(E) to pass an in accordance with law.
S. 12AA : Procedure for registration-Trust or institution-Immovable properties held by assessee-Neither registered under Indian Registration Act, 1908 nor under Societies Registration Act-Rejection of application was held to be proper. [S. 13(9), Indian Registration Act, 1908, Indian Trust Act, 1882 S. 5,Societies Registration Act,1860]
S. 12A : Registration-Trust or institution-School-Lease hold land-Fee concession-Commercial activity-Denial of registration was held to be not proper. [S. 2(15), 11, 12AA]
S. 12A : Registration-Trust or institution-Medical education and medical relief to medical students and medical doctors in Malwa Region-Entitle for registration. [S. 2(15)]
S. 11 : Property held for charitable purposes-Medical research, establishment of hospitals, health promotion-Denial of exemption is not justified. [S. 12, 12AA(3)]
S. 11 : Property held for charitable purposes-Promotion and protecting trade, commerce and manufacture in Bombay Presidency-Entitle to exemption. [S. 2(15), 12A, 12AA(3)]
S. 9(1)(vii) : Income deemed to accrue or arise in India-Fees for technical services-Travelling expenses to employees-cannot be treated as fees for technical services. [S. 92CA]
S. 9(1)(vi) : Income deemed to accrue or arise in India-Royalty-Offering income as business income in Terms of Mutual Agreement Procedure-Income cannot be taxed as royalty-Credit for tax deducted at source-Entitle to claim the credit for tax deducted at source in the country in which the related income was offered to tax. [S. 144C(13), DTA-India-USA, Art. 5(4), 7]
S. 4 : Charge of income-tax-Subsidy-Exemption from value added tax for Newly set up manufacturing units or existing units for substantial expansion-Capital receipt-Liable to be excluded from computation of book profit. [S.115JB]