Exemption u/s 11 - retrospective effect - On registration of the ...

Case Laws Income Tax

September 2, 2019

Exemption u/s 11 - retrospective effect - On registration of the Trust, benefit under Section 11 and 12 would be available to the assessee from the assessment year following the financial year in which application was given and not any previous year. The benefit of registration could not have been extended for the assessment year 2011-12, even if the matter was pending before the Tribunal when application for registration was submitted on 15.12.2014.

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Exemption u/s 11 - retrospective effect - On registration of the ...

Case Laws Income Tax

September 2, 2019

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