https://www.taxtmi.com/caselaws?id=408247 The court clarified that payments made by Public Charitable Trusts to specified persons did not violate Section 13(3) of the Income Tax Act, 1961. The show cause notices threatening to cancel exemptions under Section 11 were deemed invalid. Circular 387 of 1984 clarified that exemptions would only be forfeited in relation to offending payments, not entirely denied. The Trusts were granted three weeks to respond to the notices. The court disposed of the writ petitions, emphasizing the limited forfeiture of exemptions and closed related petitions without costs. en-us Tue, 23 Mar 2021 00:00:00 +0530 Fri, 04 Jun 2021 08:26:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408247 The court clarified that payments made by Public Charitable Trusts to specified persons did not violate Section 13(3) of the Income Tax Act, 1961. The show cause notices threatening to cancel exemptions under Section 11 were deemed invalid. Circular 387 of 1984 clarified that exemptions would only be forfeited in relation to offending payments, not entirely denied. The Trusts were granted three weeks to respond to the notices. The court disposed of the writ petitions, emphasizing the limited forfeiture of exemptions and closed related petitions without costs. Case-Laws Income Tax Tue, 23 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408247