Deductibility for charitable donations affirmed where payments to approved relief funds, even if CSR-driven, qualify under the donation deduction sche...
Mis-declaration in import descriptions must be deliberate to justify confiscation; withheld contemporaneous import documents invalidate value redeterm...
Liability for EPCG export shortfall: duty and interest sustained, but confiscation and penalties quashed where no fraud and causes beyond importer con...
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Transfer of sale proceeds by a registered charitable trust to other charitable societies constitutes application of income for charitable purposes, and such inter trust donations do not justify cancellation or denial of registration under the tax regime. Relying on precedent, the tribunal affirmed that unsupported allegations about the donees do not vitiate donations and the trust's registration remains operative; accordingly, the trust retains entitlement to exemptions under sections governing charitable institutions and the Revenue's appeal was dismissed.
Transfer of sale proceeds by a registered charitable trust to other charitable societies constitutes application of income for charitable purposes, and such inter trust donations do not justify cancellation or denial of registration under the tax regime. Relying on precedent, the tribunal affirmed that unsupported allegations about the donees do not vitiate donations and the trust's registration remains operative; accordingly, the trust retains entitlement to exemptions under sections governing charitable institutions and the Revenue's appeal was dismissed.
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