{"id":22392,"date":"2021-10-24T18:36:45","date_gmt":"2021-10-24T13:06:45","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-angels-education-trust-2021-129-taxmann-com-305-mad-hc\/"},"modified":"2021-10-24T18:36:45","modified_gmt":"2021-10-24T13:06:45","slug":"cit-v-angels-education-trust-2021-129-taxmann-com-305-mad-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-angels-education-trust-2021-129-taxmann-com-305-mad-hc\/","title":{"rendered":"CIT v. Angels Education Trust ( 2021 ) 129 taxmann.com 305 ( Mad ) ( HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that , merely because there is an excess of income over expenditure the exemption cannot be denied . Order of Tribunal is affirmed . (C.A No. 619 of 2011 dt.17 -8 2021 )<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 12AA : Procedure for registration \u2013Trust or institution-Education- Excess of expenditure over income \u2013 Exemption cannot be denied [ S. 2(15), 11 ] <\/p>\n<p>S. 12AA : Procedure for registration \u2013Trust or institution-Education- Excess of expenditure over income \u2013 Exemption cannot be denied [ S. 2(15), 11 ] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-22392","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5Pa","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=22392"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22392\/revisions"}],"predecessor-version":[{"id":22393,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/22392\/revisions\/22393"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=22392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=22392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=22392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}