TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Highlights
of of All Highlights
Note
Bookmark
Share
Don't have an account? Register Here
of The ITAT set aside the Ld. CIT(E)'s refusal to grant approval under s. 80G(5) and remitted the matter for fresh consideration, holding that the mere presence of an object concerning propagation of Sanathan Dharm or knowledge of deities is not per se substantially religious so as to disentitle the appellant. The Tribunal directed the Ld. CIT(E) to ascertain whether the appellant expended in excess of the statutory 5% limit on religious activities (per s. 80G(5B)); if no excess expenditure is found and other statutory conditions are satisfied, approval under s. 80G(5) must be granted. The appeal is allowed for statistical purposes.
TaxTMI 
TaxTMI 
