National Horticulture Board vs. ACIT (ITAT Delhi) COURT: ITAT Delhi CORAM: A. T. Varkey (JM), Pramod Kumar (AM) SECTION(S): 11, 2(15) S. 2(15): Fees or consideration received for rendition of a service to business, trade or commerce will not attract the disability under first proviso to s. 2(15) if such service is subservient to the charitable cause and is not in the nature of business itself Even in a situation in which an assessee receives a fees or consideration for rendition of a service to the business, trade or commerce, as long as such a service is subservient to the charitable cause and is not in the nature of business itself, the disability under second limb of first proviso to Section 2(15) will not come into play.
Posted on: Fri, 23 Jan 2015 05:24:42 +0000
Trending Topics
Recently Viewed Topics
© 2015