NCLAT: Consideration of Debt Restructuring by Lenders Doesn’t Bar Member from Initiating Proceedings  ||  Delhi High Court: In Matters of Medical Evaluation, Courts Should Exercise Restraint  ||  Delhi HC: Any Person in India Has Right to Legally Import Goods from Abroad and Sell the Same  ||  Delhi HC: Waiver to Section 12(5) of Arbitration Act to be Given Once Tribunal is Constituted  ||  Supreme Court Has Asked States to Regularise Existing Court Managers  ||  SC: Union & States to Create Special POSCO Courts on Top Priority  ||  SC Upholds Authority of CERC to Award Compensation for Delays  ||  SC: Arbitral Tribunal Has Discretion to Include in Sum Awarded, Interest at Rate as it Deems Reasonab  ||  SC: Cannot Use Article 142 to Frame Guidelines on Judicial Recusal  ||  SC: Satisfaction Recorder in One EP Won’t Affect Subsequent EPs for Future Breaches    

ITAT, Vishakhapatnam: Use of Agricultural Produce for Feeding Children is Charitable Activity - (11 Apr 2022)

DIRECT TAXATION

Income Tax Appellate Tribunal, Vishakhapatnam has observed that the activity of agricultural products for feeding children in the orphanage is charitable in nature and therefore, exemption of income tax is allowable to a charitable society.

Tags : INCOME TAX APPELLATE TRIBUNAL   AGRICULTURAL PRODUCTS   CHARITABLE   ORPHANAGE   CHARITABLE SOCIETY  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved