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of <h1>Supreme Court affirms High Court ruling on trust approval renewal under Income Tax Act</h1> <h3>The Director of Income Tax (Exemptions) Versus D.R. Ranka, Charitable Trust, Bengaluru</h3> The Supreme Court of India upheld the decision of the High Court of Karnataka regarding the renewal of approval of a trust under Section 80G of the Income ... Renewal of approval of the appellant trust under Section 80G - HELD THAT:- We do not find any reason to interfere with the Judgment and order passed by the High Court of Karnataka at Bengaluru [2018 (11) TMI 1919 - KARNATAKA HIGH COURT] In our opinion, the High Court’s decision on conditions to be considered for renewal of approval of the appellant trust under Section 80G of the Income Tax Act, 1961 is correct. The appeal is accordingly, dismissed. The Supreme Court of India dismissed the appeal regarding the renewal of approval of a trust under Section 80G of the Income Tax Act, 1961. The High Court of Karnataka's decision was upheld. Citation: 2022 (10) TMI 689 - SC Order.
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