TMI BlogApplication of income - once the AO u/s 11(3A) allow the assessee to apply the income for such other...Application of income - once the AO u/s 11(3A) allow the assessee to apply the income for such other charitable or religious purposes, as is specified in the application, which is in conformity with the objects of the trust- benefit u/s 11(2) allowable and no addition permissible u/s 11(3) ..... X X X X Extracts X X X X X X X X Extracts X X X X
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