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Income Tax - Highlights / Catch Notes

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Assessment of trust - Shirdi Sansthan of Shri Sai Baba - ...

Case Laws     Income Tax

November 12, 2023

Assessment of trust - Shirdi Sansthan of Shri Sai Baba - interest earned from such corpus funds - the assessee has not been able to adduce any evidence or letter or directions from the corpus donors that the interest derived from investment of the corpus funds would also be towards the corpus of the assessee. - AO directed to examine the facts - AT

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