Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2019 (2) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (2) TMI 528 - KARNATAKA HIGH COURTAssessment of trust - Eligibility for carry forward of deficit of the assessee to the subsequent years when the income of a charitable or religious trust / institution is required to be computed by applying general commercial principles - Held that:- Substantial questions of law covered by the judgment of COMMISSIONER OF INCOME TAX VS. RAJASTHAN AND GUJARATI CHARITABLE FOUNDATION POONA [2017 (12) TMI 1067 - SUPREME COURT]. - Decided in favour of the Assessee. Entitlement to carry forward of deficit to assessee trust - Held that:- Substantial questions of law covered by the judgment of COMMISSIONER OF INCOME-TAX (EXEMPTIONS) AND ANOTHER VERSUS OHIO UNIVERSITY CHRIST COLLEGE [2018 (11) TMI 1055 - KARNATAKA HIGH COURT] - Decided in favour of the Assessee.
|