Case Law Details
In re Indian Institute of Corporate Affairs (GST AAAR Delhi)
The AAAR, Delhi, in the matter of M/s Indian Institute of Corporate Affairs [Advance Ruling (Appeal) Order No. 01/DAAAR/2022-23 dated May 23, 2022] has held that the delay in filing an appeal beyond the prescribed limit can’t be condoned.
Facts:
M/s Indian Institute of Corporate Affairs, (“the Appellant”) is a society registered under Section 12A/12AA of the Income Tax Act, 1961 (“the IT Act”) and had an exemption under Section 10(23C) (iv) and (v) of the IT Act.
The Appellant has entered into Memorandum of Understanding (“MoU”) with the Agriculture Insurance Company of India Limited (“AICL“), wherein, AICL in order to discharge its Corporate Social Responsibility (“CSR“) for the financial year 2016-17, awarded a social welfare assignment on “Implementation of Integrated Village development program – improving infrastructure facilities in 50 villages in the states of Bihar, Jharkhand, Madhya Pradesh, Maharashtra and Uttar Pradesh”.
Please become a Premium member. If you are already a Premium member, login here to access the full content.