Exemption u/s 11 - there was a mistake happened at the time of ...

Trust's BMW Registration Error Corrected; Section 11 Exemption Granted Despite Initial Registration Mistake.

February 3, 2016

Case Laws Income Tax AT

Exemption u/s 11 - there was a mistake happened at the time of purchase of the BMW car whereby it got registered in the name of the trustee instead of the assesssee trust although it was purchased by the assessee trust and once the mistake was detected, the steps were initiated to correct the mistake and to transfer the motor car in the name of the assessee trust. - Exemption allowed - AT

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Exemption u/s 11 - there was a mistake happened at the time of ...

Trust's BMW Registration Error Corrected; Section 11 Exemption Granted Despite Initial Registration Mistake.

February 3, 2016

Case Laws Income Tax AT

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