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Income Tax - Highlights / Catch Notes

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Benefit of exemption 11 - assessee's trust can promote its ...

Income Tax

January 10, 2017

Benefit of exemption 11 - assessee's trust can promote its charitable objects by giving donation to other charitable organizations and such donations will amount to application of income of the trust. - AT

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  9. Exemption u/s 11 - the assessee is registered as a public charitable trust and the assessee carried only religious activities and no charitable activities are carried...

  10. Exemption u/s 11 - contribution/donation to other charitable trust - Donations are never made with prior agreement and it is solely governed by the will and capabilities...

 

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