Latest Income-Tax Details

For Full Access To All Latest Judgments on Income Tax
Click Here To Subscribe Now
Take a tour of our Income-Tax Library

The special leave petition(s) and pending applications are dismissed as withdrawn, leaving question(s) of law open.

Shanti Prime Publication Pvt. Ltd.

Sec. 2(15), 11 and 12 of the Income-tax Act, 1961 – Charitable purpose – The assessee filed four appeals against the common impugned order dated 23rd April 2015 passed by the ITAT in setting aside the order passed by CIT (A) and thereby denying exemption to the Assessee under Sections 11 and 12 of the Income Tax Act; holding that the activities carried out by the Assessee fall under the 4th limb i.e., "the advancement of any other object of General Public Utility" of the definition of the term "charitable purpose" under Section 2 (15) of the Act and not under the 2nd limb" education.

High Court while allowing the appeals of the assessee set aside the order of ITAT. Revenue sought permission to withdraw SLP along with pending applications therein due to low tax effect. SLP and pending applications dismissed as withdrawn, leaving question(s) of law open – CIT Vs. DELHI BUREAU OF TEXT BOOKS [2020] 269 TAXMAN 559 (SC)
Professional services available Audit Management
Tax Lok English Viedo
Tax Lok Hindi Viedo
Check Your Tax Knowledge
Youtube
HR Consulting services

FOR FREE CONDUCTED TOUR OF OUR ON-LINE LIBRARIES WITH OUR REPRESENTATIVE-- CLICK HERE

FOR ANY SUPPORT ON GST/INCOME TAX

Do You Want To Take FREE DEMO Of Our GST/Income Tax Library.