https://www.taxtmi.com/highlights?id=94235 ITAT affirmed that the appellant charitable trust, which has not claimed registration or exemption under section 12A, is taxable as an Association of Persons for A.Y. 2023-24; the Tribunal found that the preconditions of the administrative circular were satisfied and therefore directed that income be assessed and tax computed at the slab rates applicable to an AOP with applicable surcharge and cess, rather than at trust-specific rates. The assessment is to be finalized accordingly, with tax liability determined under normal slab-rate provisions for an AOP for the relevant assessment year. en-us Mon, 17 Nov 2025 08:36:48 +0530 Mon, 17 Nov 2025 08:36:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=94235 ITAT affirmed that the appellant charitable trust, which has not claimed registration or exemption under section 12A, is taxable as an Association of Persons for A.Y. 2023-24; the Tribunal found that the preconditions of the administrative circular were satisfied and therefore directed that income be assessed and tax computed at the slab rates applicable to an AOP with applicable surcharge and cess, rather than at trust-specific rates. The assessment is to be finalized accordingly, with tax liability determined under normal slab-rate provisions for an AOP for the relevant assessment year. Highlights Income Tax Mon, 17 Nov 2025 08:36:48 +0530 https://www.taxtmi.com/highlights?id=94235