ITAT directs to Verify Real Intention of Trust  regarding Purchase of Land for Construction of School Building [Read Order]

ITAT directed to verify the real intention of trust regarding the purchase of land for the construction of a school building.
By Aparna. M - On May 23, 2024 8:59 pm - 2 mins read
ITAT - land for construction - school building - construction companies - ITAT orders - TAXSCAN

The two member bench of Bangalore Income Tax Appellate Tribunal ( ITAT ) directed to verify the real intention of trust regarding the purchase of land for the construction of a school building. The Assessee Samaja Seva Mandali is a charitable trust imparting education to the society at large. After filing the return of income, …

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