Exemption u/s 11 - the immovable property was sold and the ...

Income Tax

June 11, 2020

Exemption u/s 11 - the immovable property was sold and the amount of the sale proceeds were donated to the corpus of the other charitable society/trust. Section 11(1)(a) clearly sets out that the assessee is entitled to claim the benefit as the sale proceeds of property cannot be included in the total income of the assessee.

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Exemption u/s 11 - the immovable property was sold and the ...

Income Tax

June 11, 2020

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