Exemption u/s 11 - Assessee has violated section 11(2)(b) r.w.s. ...
Case Laws Income Tax
April 1, 2023
Exemption u/s 11 - Assessee has violated section 11(2)(b) r.w.s. 11(5) - Only the relevant income falling within the mischief of section 13(1)(d) of the Act will lose the benefit of exemption under section 11 and 12 of the Act and the balance of the total income of the trust will remain eligible for the benefit of exemption under section 11 of the Act. - AT
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