Revenue neutrality in domestic related-party loans can require deletion of interest transfer pricing adjustments after domestic-transaction verificati...
Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
Page of 4792
Press 'Enter' after typing page number.
121 to 140 of 95833 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Charitable status is not lost merely because an institution...
Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus alone.
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Charitable status is not lost merely because an institution serves a defined section of the public, where its activities advance a field capable of benefiting the public at large. The notes discuss renewal of registration for a society promoting research, technical knowledge and information on lubricating greases, despite concerns that industry stakeholders participated in its programmes and that its parent body was a trade association. At the registration stage, the relevant enquiry concerns genuineness of activities and compliance with legal requirements; generation of surplus alone does not justify refusal. The rejection was set aside, and the renewal application was remanded for fresh consideration after a fair hearing.
Charitable status is not lost merely because an institution serves a defined section of the public, where its activities advance a field capable of benefiting the public at large. The notes discuss renewal of registration for a society promoting research, technical knowledge and information on lubricating greases, despite concerns that industry stakeholders participated in its programmes and that its parent body was a trade association. At the registration stage, the relevant enquiry concerns genuineness of activities and compliance with legal requirements; generation of surplus alone does not justify refusal. The rejection was set aside, and the renewal application was remanded for fresh consideration after a fair hearing.
Note: It is a system-generated summary and is for quick reference only.