Income Tax | NBFC Fixed Deposits Cannot, by Themselves, Defeat a Trust’s 12AB Renewal: Delhi ITAT
ITAT Delhi held alleged Section 11(5) violation is an assessment issue and cannot by itself justify denial of Section 12AB registration. The post NBFC Fixed Deposits Cannot, by Themselves, Defeat a Trust’s 12AB Renewal: Delhi ITAT appeared first on TaxGuru .
Attribution
Original credit: CA Vijayakumar Shetty. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.
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