ITAT allows Exemption to Charitable Trust Considering Activity: Supreme Court denies Delayed SLP Filing by Income Tax Dept. citing Insufficient Cause [Read Judgement]

The Court dismissed the SLP on the grounds of delay.
By Yogitha S. Yogesh - On May 26, 2024 8:26 am - 2 mins read
Supreme Court - Income Tax - ITAT - Income Tax Dept - Taxscan

The Supreme Court refused to condone the delay of the income tax department in filing a Special Leave Petition ( SLP ) due to insufficient cause. The SLP arose from the impugned final judgment and order passed by the Delhi High Court that upheld the exemption under the Income Tax Act, 1961 allowed by the…

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