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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - contribution/donation to other charitable ...

Income Tax

June 15, 2019

Exemption u/s 11 - contribution/donation to other charitable trust - Donations are never made with prior agreement and it is solely governed by the will and capabilities of the donor and here no amount has been paid for the benefit of any person specified u/s.13(3) - CBDT also recognizes donation from one charitable trust to another is proper application of income - exemption duly allowable

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