Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Application Of Funds By Indian Broadcasting Foundation In BARC Is Not For Profit, Exempted U/S 11 & 12 Of Income Tax Act: Delhi High Court
Income TaxOther Legal Matters
The Delhi High Court ruled that the application of funds by the Indian Broadcasting Foundation in BARC is not for profit and is exempt under Section 11/12 of the Income Tax Act. The court emphasized the non-profit nature of the foundation's activities. The ruling aims to ensure proper tax treatment for non-profit organizations. The court is ensuring proper tax exemptions.
