Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1992 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1992 (8) TMI 133 - AT - Income TaxExtract: .......ppeared to be mandatory, are satisfied. We, therefore, hold that while the trust is genuine, the donations are genuine, the other conditions laid down in the IT Act to grant exemption to these donations from the levy of tax are not complied with, the donations cannot be exempted from the levy of tax. 9. In the result, the appeal is allowed in part.
|