https://www.taxtmi.com/caselaws?id=331170 The Tribunal determined that the Advocates' Welfare Fund established by the Bar Council of Tamil Nadu is a separate legal entity for tax assessment purposes, based on its registration under Section 12AA. The Fund's tax exemption claim under Section 11 was affected by the lack of registration, which was subsequently rectified. The Tribunal emphasized the distinct legal status of the Fund and the Bar Council, requiring separate approvals for tax exemptions. The matter was remitted to the Assessing Officer for a fresh assessment considering the Fund's registration, granting a fair opportunity for the assessee. Appeals of both parties were allowed for statistical purposes. en-us Fri, 15 Jul 2016 00:00:00 +0530 Sat, 19 Nov 2016 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331170 The Tribunal determined that the Advocates' Welfare Fund established by the Bar Council of Tamil Nadu is a separate legal entity for tax assessment purposes, based on its registration under Section 12AA. The Fund's tax exemption claim under Section 11 was affected by the lack of registration, which was subsequently rectified. The Tribunal emphasized the distinct legal status of the Fund and the Bar Council, requiring separate approvals for tax exemptions. The matter was remitted to the Assessing Officer for a fresh assessment considering the Fund's registration, granting a fair opportunity for the assessee. Appeals of both parties were allowed for statistical purposes. Case-Laws Income Tax Fri, 15 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331170