Exemption u/s 11- taxability of unregistered trust - AO has ...

Case Laws Income Tax

June 4, 2019

Exemption u/s 11- taxability of unregistered trust - AO has brought gross receipts to tax which is against the basic tenets of law where only the real income which is determined after deducting expenses from gross receipts i.e only net income can be brought to tax - remanded AO to examine the claim of the expenditure against the gross receipts

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Exemption u/s 11- taxability of unregistered trust - AO has ...

Case Laws Income Tax

June 4, 2019

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