Tax Effect Appeals Below Monetary Limit: Kerala HC Dismisses Dept’s Appeal

PCIT Vs Kunhitharuvai Memorial Charitable Trust (Kerala High Court) The Kerala High Court recently adjudicated on appeals by the Income Tax Department against Kunhitharuvai Memorial Charitable Trust. The appeals contested the orders of the Income Tax Appellate Tribunal concerning assessments from 2006-07 to 2012-13 under the Income Tax Act. The Trust, established in 1999 and registered under Section 12A/12AA of the IT Act since 2002, operates educational institutions. A search in 2011 led the Income Tax Department to initiate proceedings questioning the Trust’s tax exemptions and making ...