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Income Tax - Highlights / Catch Notes

Home Highlights May 2018 Year 2018 This

Application of income of the Trust u/s 11 - Carry forward and ...

May 30, 2018

Case Laws     Income Tax     AT

Application of income of the Trust u/s 11 - Carry forward and set off of losses - if commercial principles are applied then adjustment of expenses incurred by the Trust in the earlier years against the income earned by the Trust in the subsequent year will have to be regarded as application of income of the Trust u/s 11 - AT

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