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Income Tax - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

The trust had incurred expenditure on religious and charitable ...

Case Laws     Income Tax

December 12, 2015

The trust had incurred expenditure on religious and charitable purposes from the income of the subsequent year, even though the actual expenditure was in the earlier years, if in the books of account of the trust such earlier expenditure had been set off against the income of the subsequent year - AT

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