[aaykarbhavan] Leasing out of land to affiliate on reciprocity basis to fulfil trust's objectives doesn't bar sec. 80G relief

Leasing out of land to affiliate on reciprocity basis to fulfil trust's objectives doesn't bar sec. 80G relief

February 2, 2015[2015] 53 taxmann.com 436 (Pune - Trib.)

IT : Leasing out of land to affiliate on reciprocity basis to fulfil trust's objectives doesn't bar sec. 80G relief

IT : At stage of registration under section 12A, only nature of activities of trust and its charitable purpose was to be looked into registration to assessee trust could not be disallowed only on basis of agreement entered into by assessee

 

Regards

Prarthana Jalan

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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>

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