Registration U/s. 80G(5)(vi) cannot be denied to charitable trust even if it is running some activity that yields profit
TG Team
22 Jan 2010
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Income Tax |
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Judiciary
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Income Tax |
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Judiciary
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Case Law Details
Case Name : Prasanna Trust Vs. DIT (Exemption) [ITAT Bangalore]
Related Assessment Year :
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Courts :
All ITAT ITAT Bangalore
RELEVANT PARAGRAPH
5. Considering the rival submissions and after going through the impugned order, we are of the view that appeal by the assessee is to be allowed. The assessee’s counsel produced the deed of declaration of trust dated 4.11.82 by Brahmachari Nitya Chaitanya in paper book page 1 to 9, deed of rectification dated 10.11.82 in paper book page No. 10 and 11, Supplementary Deed of Trust vide pages 12 to 29, further supplementary deed of trust
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