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Mere grant of sec. 12A registration won’t be sufficient to allow registration under sec. 80G as well

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  • Mere grant of sec. 12A registration won’t be sufficient to allow registration under sec. 80G as well
Posted onon November 26, 2014

Tenet Tax Daily November 25 2014

By tenettax-team
Corporate Tax

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No addition merely on basis of statement recorded during survey if assessee retracted from said statement later on
Penalty upheld as assessee didn’t show reasonable cause for receiving cash deposit in contravention of Sec. 269SS

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