{"id":23354,"date":"2022-01-05T13:03:46","date_gmt":"2022-01-05T07:33:46","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-angels-educational-trust-2021-282-taxman-450-mad-hc\/"},"modified":"2023-02-01T19:32:12","modified_gmt":"2023-02-01T14:02:12","slug":"cit-v-angels-educational-trust-2021-282-taxman-450-mad-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-angels-educational-trust-2021-282-taxman-450-mad-hc\/","title":{"rendered":"CIT v. Angels Educational Trust (2021) 282 Taxman 450\/ 208 DTR 134\/(2022) 440 ITR 449\/(2022) 326 CTR 223  (Mad.) (HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that, mere excess of income over expenditure by itself was not a reason to hold that assessee-trust was not engaged in charitable activities and\u00a0 there was no finding that trustees had applied monies of trust for their personal benefit or for any other purpose other than\u00a0education.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 12AA : Procedure for registration-Trust or institution-Educational institution-Excess of income over expenditure-Registration cannot be denied. [S. 2(15)] <\/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-23354","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-64G","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23354","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=23354"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23354\/revisions"}],"predecessor-version":[{"id":32383,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23354\/revisions\/32383"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=23354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=23354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=23354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}