Wednesday, September 3, 2014

[aaykarbhavan] Mere possibility of doing any commercial activity by trust couldn’t cause rejection of Sec. 80G approval




 

Mere possibility of doing any commercial activity by trust couldn't cause rejection of Sec. 80G approval

September 3, 2014[2014] 48 taxmann.com 116 (Agra - Trib.)
IT : Even if there was a possibility that assessee institution would engage in a commercial activity with help of community centre assessee was building, this could not be reason enough to decline assessee's application for grant of approval under section 80G
Regards
Prarthana Jalan


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


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