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1 result for “charitable trust”+ Section 131clear

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Key Topics

Section 323Section 112

ADHIKAR,BHUBANESWAR vs. ITO, WARD-2(1), BHUBANESWAR

In the result, appeal of the assessee is partly allowed

ITA 255/CTK/2017[2012-13]Status: DisposedITAT Cuttack27 Sept 2018AY 2012-13

Bench: S/Shri N.S Saini & Pavan Kumar Gadaleassessment Year : 2012-2013

For Appellant: Shri S.C.Bhadra, ARFor Respondent: Shri Subhendu Datta, DR
Section 11Section 11(1)(a)Section 28Section 29Section 30Section 32Section 32(1)Section 34Section 43C

Charitable and Foundation Poona, reported in 402 ITR 441 (SC), wherein, it has been held that in the case of CIT vs. Institute of Banking Personnel and Selection (IBPS), 131 Taxman 386 (Bom), it was held that section 11 makes provisions in respect of computation of income of the the trust