Assessment u/s 153A - Exemption u/s 11 - Carry forward of the ...

January 3, 2022

Case Laws Income Tax AT

Assessment u/s 153A - Exemption u/s 11 - Carry forward of the deficit being excess of expenditure over income to the subsequent years - the Hon’ble Supreme Court has held that the excess expenditure incurred by the charitable institution in the earlier years could be allowed to be set off against the subsequent years by invoking section 11. - Claim allowed - AT

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Assessment u/s 153A - Exemption u/s 11 - Carry forward of the ...

January 3, 2022

Case Laws Income Tax AT

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