Application u/s 11

  • Income Tax

Exemption u/s 11 allowed as audit report uploaded but not approved due to technical glitch

ITAT allows exemption u/s 11 when audit report in Form 10B was uploaded but could not be approved due to…

2 months ago
  • Income Tax
  • ITAT

Income accumulated us 11(2) not deemed income when transferred from capital fund – ITAT

Income accumulated us 11(2) not deemed income when transferred from capital fund account to the income and expenditure account for…

6 years ago
  • Income Tax

Depreciation and exemption both not allowable to charitable trust. Statutory provision u/s 32 to prevail over customary practice-commercial principle-ITAT

Depreciation and exemption both not allowable to charitable trust. Statutory provision u/s 32 to prevail over customary practice-commercial principle-ITAT The…

7 years ago