2 results for “charitable trust”+ Section 12Mclear
Sorted by relevance
In the result, both the appeal of assessee in ITANo
Bench: Shri Kul Bharat & Shri Manish Borad
12M (3) of the Income Tax Act, 1961 based on suspicion, reports not corrected with the activities of the trust and holding without any basis that the activities being run by such institution are farce only. 4. On the facts and in the circumstances of the case, the learned commissioner of Income tax- I, Indore, was not justified