Exemption u/s 11 - Once, these donations are not corpus ...

Section 11 Income Tax Act: Non-corpus donations treated as trust receipts; income calculated post-expenses.

July 13, 2018

Case Laws Income Tax AT

Exemption u/s 11 - Once, these donations are not corpus donations, then, automatically all receipts including corpus donations shall be treated as receipts of the trust and income wherefrom shall be computed in normal commercial practices by deducting all expenses.

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Exemption u/s 11 - Once, these donations are not corpus ...

Section 11 Income Tax Act: Non-corpus donations treated as trust receipts; income calculated post-expenses.

July 13, 2018

Case Laws Income Tax AT

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