Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Application for registration u/s 12AB rejected as assessee was not registered under Rajasthan Public Trust Act on date of filing application. Section 12AB(1) mandates compliance with all applicable laws, and assessee failed to follow provisions of Rajasthan Public Trust Act. Supreme Court in New Noble Education Society case held that charitable institutions regulated by state laws must comply with them. Provisions of Andhra Pradesh Charities Act and Rajasthan Public Trust Act are identical, making Supreme Court's decision applicable. CIT(E) could not verify genuineness of assessee's activities due to non-submission of details. Grounds of appeal dismissed.
Application for registration u/s 12AB rejected as assessee was not registered under Rajasthan Public Trust Act on date of filing application. Section 12AB(1) mandates compliance with all applicable laws, and assessee failed to follow provisions of Rajasthan Public Trust Act. Supreme Court in New Noble Education Society case held that charitable institutions regulated by state laws must comply with them. Provisions of Andhra Pradesh Charities Act and Rajasthan Public Trust Act are identical, making Supreme Court's decision applicable. CIT(E) could not verify genuineness of assessee's activities due to non-submission of details. Grounds of appeal dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
