Sunday, 5 July 2015

No denial of sec. 11 relief just because trust didn't furnish details as to how accumulated income w

IT : Where all purposes specified by assessee-trust in Form 10 are for achieving charitable objects of trust, merely because more than one purpose have been specified and details about plan of such expenditure has not been given, same would not be sufficient to deny benefit under section 11(2) to the assessee

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