https://www.taxtmi.com/caselaws?id=772118 The SC/Tribunal examined the classification of religious expenditure under Section 80G(5B) of the Income Tax Act. The case involved a trust's Bhagwat Katha event expenses exceeding the 5% statutory limit. While acknowledging the event's religious nature, the Tribunal did not conclusively reject the trust's application. Instead, it remanded the matter for fresh consideration, directing the CIT(E) to re-evaluate the expenditure's classification and allow the trust to present supporting judicial precedents. en-us Mon, 26 May 2025 00:00:00 +0530 Wed, 04 Jun 2025 08:40:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772118 The SC/Tribunal examined the classification of religious expenditure under Section 80G(5B) of the Income Tax Act. The case involved a trust's Bhagwat Katha event expenses exceeding the 5% statutory limit. While acknowledging the event's religious nature, the Tribunal did not conclusively reject the trust's application. Instead, it remanded the matter for fresh consideration, directing the CIT(E) to re-evaluate the expenditure's classification and allow the trust to present supporting judicial precedents. Case-Laws Income Tax Mon, 26 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772118