Expenditure incurred for earning income is to be allowed even if society not registered u/s 12A

State Health Society Assam Vs ITO (ITAT Kolkata) ITAT Kolkata held that gross receipts cannot be taxed entirely, estimated expenditure incurred by the society for earning this income needs to be allowed even if the society is not registered under section 12A of the Income Tax Act. Facts- The assessee is a Society. It is engaged in implementing various Schemes of the Government of India and State Government of Assam on health for which it gets grant-in-aid, Scheme-wise. The assessee had not filed its return of income. Therefore, a survey under section 133A was carried out at the premises of the...