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Income Tax - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

Calculation of the deduction u/s. 11(1)(a) - Having found that ...

Income Tax

December 9, 2015

Calculation of the deduction u/s. 11(1)(a) - Having found that trust is entitled to exemption under s. 11(1), we are to go to the stage of income before application thereof. Thus the accumulation u/s 11(1)(a) should be allowed as claimed by the Assessee - AT

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