Sunday 8 September 2013

Exemption to trust couldn't be denied alleging non-application of income if DIT approved of accumula

IT : Director (Exemption) having allowed accumulation of income of assessee-trust in terms of section 11(2) after being satisfied with objects of trust, exemption under section 11 could not be denied to assessee on ground of non-application of income for charitable purpose


No comments:

Post a Comment