Exemption u/s 11(1)(a) - n the absence of any specific ...

Court Allows Charitable Deficits to Offset Future Income Under Income Tax Act Section 11(1)(a.

June 3, 2016

Case Laws Income Tax HC

Exemption u/s 11(1)(a) - n the absence of any specific prohibition, there is no reason why excess application of money, for charitable and religious purposes, (deficit) of the earlier year should not be set off against the income for the subsequent year. - HC

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Exemption u/s 11(1)(a) - n the absence of any specific ...

Court Allows Charitable Deficits to Offset Future Income Under Income Tax Act Section 11(1)(a.

June 3, 2016

Case Laws Income Tax HC

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