https://www.taxtmi.com/caselaws?id=755870 Kerala HC dismissed IT appeals for assessment years 2006-07 to 2010-11 as not maintainable due to tax effect being below Rs. 1 crore monetary limit per departmental circulars. For assessment years 2011-12 and 2012-13, though tax effect exceeded Rs. 1 crore, HC ruled in favor of the Trust regarding exemption availability under section 12AA registration, following earlier Tribunal order that sustained the Trust's registration and exemption entitlement. Revenue's appeals were dismissed. en-us Tue, 09 Jul 2024 00:00:00 +0530 Sat, 20 Jul 2024 09:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755870 Kerala HC dismissed IT appeals for assessment years 2006-07 to 2010-11 as not maintainable due to tax effect being below Rs. 1 crore monetary limit per departmental circulars. For assessment years 2011-12 and 2012-13, though tax effect exceeded Rs. 1 crore, HC ruled in favor of the Trust regarding exemption availability under section 12AA registration, following earlier Tribunal order that sustained the Trust's registration and exemption entitlement. Revenue's appeals were dismissed. Case-Laws Income Tax Tue, 09 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755870