Charitable Trust acking 12A registration cannot be taxed on gross receipt: ITAT Delhi

Tripura Bambu and Cane Development Centre Vs ITO (ITAT Delhi)

No 12A Registration ≠ Gross Receipts Tax: ITAT Delhi Directs Tax Only on Surplus

 Delhi ITAT   held that even where a charitable institution is not registered u/s 12A, the Revenue cannot assess its entire gross receipt

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