Saturday, April 12, 2014

[aaykarbhavan] HC slams AO for denying sec. 11 relief to trust for corpus fund received with specific direction



HC slams AO for denying sec. 11 relief to trust for corpus fund received with specific direction

April 12, 2014[2014] 43 taxmann.com 295 (Karnataka)
IT: Assessee-trust would be entitled to benefit under section 11 in respect of voluntary contribution received from public with a specific direction to use same for building purpose
 
Regards
Prarthana Jalan


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