Un-necessary long-drawn litigation by revenue on petty matters resulting into loss of public money and brain drain which is not in interest of society at large https://www.taxtmi.com/article/detailed?id=8259 The Tribunal found the society's mid-day meal activities to be of general public utility and directed registration under Section 12AA, noting that administrative expenses and limited recovery charges did not defeat charitable status, while reserving revenue's right to deny exemption in any future year if receipts exceed the prescribed limit. The High Court affirmed this position. The Supreme Court issued notice on an application for condonation of delay in filing a Special Leave Petition, leaving the continuation of appeals uncertain. The note criticises protracted revenue litigation as wasteful of public resources and judicial time. en-us Tue, 27 Nov 2018 06:30:47 +0530 Tue, 27 Nov 2018 06:30:47 +0530 TaxTMI RSS Generator Un-necessary long-drawn litigation by revenue on petty matters resulting into loss of public money and brain drain which is not in interest of society at large https://www.taxtmi.com/article/detailed?id=8259 The Tribunal found the society's mid-day meal activities to be of general public utility and directed registration under Section 12AA, noting that administrative expenses and limited recovery charges did not defeat charitable status, while reserving revenue's right to deny exemption in any future year if receipts exceed the prescribed limit. The High Court affirmed this position. The Supreme Court issued notice on an application for condonation of delay in filing a Special Leave Petition, leaving the continuation of appeals uncertain. The note criticises protracted revenue litigation as wasteful of public resources and judicial time. Articles Income Tax Tue, 27 Nov 2018 06:30:47 +0530 https://www.taxtmi.com/article/detailed?id=8259