Reopening of charitable trust's assessment based on 'mere change of opinion' is not valid : HC

Rental income of charitable organization should be computed under section 11 after reducing repairs and maintenance expenses; however, no standard deduction under section 24 is permitted: ITAT

Revision under section 263 cannot be invoked by PCIT when the AO's view allowing deduction under section 80G for CSR expenses is supported by various Tribunal decisions: ITAT

Educational loans and scholarships given to Indian students in India for overseas education is ‘application’ in India: ITAT

Registration under section 12AA cannot be denied solely because the trust had not started its charitable activities: HC

Affiliation or recognition by regulatory authorities is not essential attribute of ‘education’ as defined in section 2(15): HC

Registration cannot be revoked if full registration was filed after 6-month period from provisional registration, due to change in law: ITAT

Exemption under section 11 cannot be disallowed when payment of salaries and rent is reasonable: ITAT

Expenses paid by a charitable trust for business support services to a sister concern at arm’s length, could not be disallowed under section 13: ITAT