Expenditure incurred for charitable purpose u/s. 11 - asset ...

Charitable expenditure u/s 11 on university courses qualifies for exemption, aligning with society's objectives and statutory provisions.

December 12, 2019

Case Laws Income Tax AT

Expenditure incurred for charitable purpose u/s. 11 - asset created on the funding of the appellant is used for the courses of the university and not by the appellant. - the expenditure has been incurred as per the object of the society and in terms of a statutory provision of another trust having similar object - Benefit of exemption allowed.

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Expenditure incurred for charitable purpose u/s. 11 - asset ...

Charitable expenditure u/s 11 on university courses qualifies for exemption, aligning with society's objectives and statutory provisions.

December 12, 2019

Case Laws Income Tax AT

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