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Case Law Details

Case Name : Federation of European Business in India Vs CIT (Exemption) (ITAT Delhi)
Related Assessment Year : NA
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Federation of European Business in India Vs CIT (Exemption) (ITAT Delhi)

Advocacy for EU Businesses Is Also Charity: No Profit Motive, No Commercial Activity: Chamber-Style Body Held Charitable- ITAT Restores 12A Registration

Assessee, a sec-8 company formed to promote policy advocacy between EU business community & Indian authorities, applied for regular registration u/s 12A(1)(ac)(vi).

CIT(E) rejected the application & also cancelled the earlier provisional registration on grounds that activities benefitted

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Author Bio

CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

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