Exemption u/s 11 - salary paid to two specified persons u/s ...

Court Upholds Salary Exemption u/s 11 of Income Tax Act; No Evidence of Excessive Payment Found by A.O.

May 10, 2019

Case Laws Income Tax AT

Exemption u/s 11 - salary paid to two specified persons u/s 13(3) - these persons have devoted full time to the educational institution to the best of their knowledge, ability and experience - A.O. did not bring any evidence on record as to how the salary paid to these persons with reference to their qualification was excessive or unreasonable - relief granted

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Exemption u/s 11 - salary paid to two specified persons u/s ...

Court Upholds Salary Exemption u/s 11 of Income Tax Act; No Evidence of Excessive Payment Found by A.O.

May 10, 2019

Case Laws Income Tax AT

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