Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Integrated golf function determines classification, placing launch monitors and simulators under other golf equipment rather than measuring instrument...
An institution conducting hospital, medical college, education and research activities for persons irrespective of religion, caste or creed should not be treated as purely religious merely because its governing documents contain an isolated reference to churchyards or burial grounds. The described Tribunal decision found no factual evidence of religious activities and held that selective reliance on one object clause, without examining financial statements or actual activities, was insufficient. It directed that the section 12AB registration be classified as religious-cum-charitable and that approval under section 80G(5) be granted, noting that the institution's medical and educational facilities were open to all sections of society and that there was no change in relevant facts.
An institution conducting hospital, medical college, education and research activities for persons irrespective of religion, caste or creed should not be treated as purely religious merely because its governing documents contain an isolated reference to churchyards or burial grounds. The described Tribunal decision found no factual evidence of religious activities and held that selective reliance on one object clause, without examining financial statements or actual activities, was insufficient. It directed that the section 12AB registration be classified as religious-cum-charitable and that approval under section 80G(5) be granted, noting that the institution's medical and educational facilities were open to all sections of society and that there was no change in relevant facts.
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