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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Exemption u/s. 10(33) - There is nothing in the language of ...


High Court Clarifies Income Tax Act: Income Exempted u/s 10(33) Cannot Be Considered u/s 11.

April 9, 2015

Case Laws     Income Tax     HC

Exemption u/s. 10(33) - There is nothing in the language of sections 10 or 11 which says that what is provided by section 10 or dealt with is not to be taken into consideration or omitted from the purview of section 11 - the income which in this case the assessee trust has not included by virtue of section 10, then, that cannot be considered under section 11 - HC

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