Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1988 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1988 (11) TMI 64 - BOMBAY HIGH COURTExtract: ............ e of the trust under section 12(2) of the Income-tax Act, 1961 ? Counsel are agreed that the answer to be given to the question is covered by our judgment in Trustees of Kilachand Devchand Foundation v. CIT 1988 172 ITR 382. Following that judgment, the question is answered in the negative and in favour of the assessee. No order as to costs.
|