Supreme Court Awards Rs. 6 Lakh to Man Acquitted After 6 Years, Faults UP Police Probe  ||  Supreme Court: High Courts Can Restore Power on 50% Deposit in Arbitrary Theft Assessments  ||  Supreme Court: Cooperative Society Cannot Deny RTI Records as Personal if Registrar Can Access Them  ||  SC: CoC Cannot Withdraw Approved Resolution Plan Over Improved Corporate Debtor Finances  ||  Delhi High Court: 24-Week Limit Alone Cannot Restrict Medical Termination of Pregnancy  ||  Allahabad High Court Rejects Challenge to 18% GST on Online Legal Database Services  ||  Madras High Court: FIR Registration Does Not Decide Guilt; Prior Hearing of Accused Not Required  ||  Kerala High Court Orders Speedy Prosecution Sanction Process in Sabarimala Gold Theft Case  ||  Allahabad HC: Missing RT-PCR Report Cannot Bar COVID-19 Compensation if Records Confirm Infection  ||  MP High Court Directs Indore Police to Deploy Volunteers for Reporting Noise Pollution Violations    

SC: Newly Incorporated Trust Entitled to 12AA Benefits Even in the Absence of Any Activities - (02 Mar 2020)

DIRECT TAXATION

Supreme Court of India has upheld the Delhi High Court judgment and ruled that newly incorporated trust is entitled to get Section 12AA of the Income Tax Act, 1961 benefits even in the absence of any activities.

Tags : SUPREME COURT   NEWLY INCORPORATED TRUST  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved