Bench: Dr. M. L. Meena & Sh. Udayan Dasgupta(Physical Hearing)
section 11 of the Act, then assessment of the trust may be completed in the Status of AOP and only the surplus income earned by it has to be charged to tax, based on the financial statements. Copies furnished on record. 7.1 In support of the above argument, the Ld. AR referred to the Judgement of the Hon'ble Delhi