THE COMMISSIONER OF INCOME TAX, HYD vs. CARGO HANDLING PRIVATE WORKERS POOL, VISAKHAPATNAM
Accordingly, the I.T.T.A. is dismissed
ITTA/14/2017HC Andhra Pradesh15 Sept 2022
Bench: C.PRAVEEN KUMAR,TARLADA RAJASEKHAR RAO
Section 11Section 11(5)Section 13(1)(c)Section 143(1)Section 147Section 148Section 260
25.
Section 11(5) of the Act postulates that, the amount
accumulated under Section 11(2) of the Act, has to be invested or
deposited in the forms and modes specified in the said Section.
Section 13(d) contemplates that, a Charitable Trust will lose
19
exemption under Sections 11 or 12, if any funds of Trust are
invested otherwise
