BCD exemption for specified display assembly inputs extended for automotive, medical and industrial applications, with defined exclusions and sunset d...
Prospective valuation amendment limits reassessment: unamended fair market value reference could not justify reopening based on a registered valuer's ...
Page of 4782
Press 'Enter' after typing page number.
941 to 960 of 95636 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
A statutory authority does not lose charitable character under the general public utility limb merely because, while pursuing its statutory objects, it earns receipts or undertakes activities with commercial attributes such as sale of plots. Applying the Supreme Court ruling in the assessee's own case, the court treated the issue as concluded on merits and held that cancellation of registration was not justified. The registration was therefore held to continue, and the challenge to cancellation under Section 12AA failed.
A statutory authority does not lose charitable character under the general public utility limb merely because, while pursuing its statutory objects, it earns receipts or undertakes activities with commercial attributes such as sale of plots. Applying the Supreme Court ruling in the assessee's own case, the court treated the issue as concluded on merits and held that cancellation of registration was not justified. The registration was therefore held to continue, and the challenge to cancellation under Section 12AA failed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4782
Join Channel
TaxTMI 
