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Recovery of out of pocket costs incurred by society from ultimate beneficiaries of grant not taxable in the hands of society
Case Law Details
- Case Name
- ITO Vs Haryana Renewable Energy (ITAT Chandigarh)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2006-07
- Courts
- All ITAT, ITAT Chandigarh
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Brief of the case:
The ITAT Chandigarh in the case of Haryana Renewable Energy held that recovery of a part of cost from ultimate customers by the society working for funding the projects from government grant being in nature of reimbursements cannot be taxed in the hands of society.
Facts of the case:
The assessee Haryana Renewable Energy Development Agency was incorporated in 1997 and was registered as a society. The objects of the assessee are to popularize, promote and implement the application of various types of new and renewable sources of energy in the State.
Its inc...
Author Info
