Benefit of section 11 & 12 - conversion of loans to the corpus ...

Case Laws Income Tax

February 15, 2019

Benefit of section 11 & 12 - conversion of loans to the corpus donations - these amounts having been accepted as genuine loans in the earlier years and having been accepted as corpus donations in the year under appeal, benefit of section 11(1)(d) cannot be denied.

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Benefit of section 11 & 12 - conversion of loans to the corpus ...

Case Laws Income Tax

February 15, 2019

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