Exemption u/s 11 - The donations were pass-through donations ...
Taxpayer Trusts Granted Section 11 Exemption: Donations Deemed Pass-Through with Specific Purposes, No Allocation Discretion Allowed.
February 14, 2017
Case Laws Income Tax AT
Exemption u/s 11 - The donations were pass-through donations with specific purposes for which the said voluntary donations can be utilized and the tax-payer has no choice but to spend these donations for specific purposes for which they were granted to the tax-payer trusts - AT
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