Section 11 & 12 of Income Tax

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..... We wish to know whether interest income received by trust registered pursuant to provision of Section 12AA of the Income Tax Act, 1961 is also available for exmeption u/s 10 and 11 of the Act .....

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..... if the same is used for charitabole and religious purposes. - Reply By tarsem gupta - The Reply = Yes, interest income is exempt if applied for charitable purpose. - Section 11 & 12 of Income Tax - .....

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..... Query Started By: - CA Rachit Agarwal Dated:- 13-11-2011 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management Indi .....

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..... a - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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