Exemption u/s 11 - Under the Indian law, a land can belong to ...
Section 11 Exemption Granted: Trusts Recognized as Owners of Meditation Hall After Building Possession Transfer.
November 7, 2015
Case Laws Income Tax AT
Exemption u/s 11 - Under the Indian law, a land can belong to one person and the building can be owned by other person. - When the physical possession of the building is handed over to the assessee-trusts and allowed the assessee-trusts to enjoy the same - assessee-trusts became the owners of the meditation hall - Exemption allowed - AT
View Source