Composite inpatient healthcare supply may retain exemption despite MRP medicine billing, while separate taxable sale characterisation remains disputed...
Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
Data transmission equipment classification under CTSH 8517 62 remains distinct from residual classification, with exemption evidence requiring scrutin...
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The ITAT Indore considered an appeal regarding exemption u/s 11 and registration u/s 12AB for a charitable organization. The CIT(E) rejected the application based on the belief that the organization's commercial receipts exceeded 20% of total receipts. However, the ITAT found that the organization was not engaged in trade or business but provided services for charitable purposes, charging nominal fees to cover costs. Citing precedent, the ITAT concluded that such activities did not constitute commercial activities. The ITAT set aside the CIT(E)'s decision and directed the grant of registration u/s 12AB, allowing the organization's appeal.
The ITAT Indore considered an appeal regarding exemption u/s 11 and registration u/s 12AB for a charitable organization. The CIT(E) rejected the application based on the belief that the organization's commercial receipts exceeded 20% of total receipts. However, the ITAT found that the organization was not engaged in trade or business but provided services for charitable purposes, charging nominal fees to cover costs. Citing precedent, the ITAT concluded that such activities did not constitute commercial activities. The ITAT set aside the CIT(E)'s decision and directed the grant of registration u/s 12AB, allowing the organization's appeal.
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