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Income Tax - Highlights / Catch Notes

Home Highlights January 2012 Year 2012 This

The provisions contained in section 11(2) do not in any manner ...


Section 11(2) Doesn't Limit Section 11(1) of Income Tax Act; Accumulated Income Under 15% Unaffected.

January 5, 2012

Case Laws     Income Tax     AT

The provisions contained in section 11(2) do not in any manner restrict the operation of section 11(1) of the IT Act and the accumulated income, which was less than 15 per cent of the total income.... - AT

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