RAI SAHAB BHAIYALAL DUBEY EDUCATIONAL AND MEDICAL CHARITABLE TRUST,JABALPUR vs. INCOME TAX OFFICER (EXEMPTION), JABALPUR
In the result, the appeal is partly allowed for statistical purposes
ITA 186/JAB/2024[2020-21]Status: DisposedITAT Jabalpur10 Mar 2026AY 2020-21
Bench: Shri Anadee Nath Misshra
Section 11Section 11(2)Section 11ASection 12ASection 143(1)
2,12,429/- representing surplus out of 15% of Rs 19,91,638/- also results in nil income chargeable to tax.
4. Non-Capital Expenditure of Rs 1,13,23,157/- if clubbed with 15% of total receipts of Rs 1,32,77,585.25 comes to Rs 1,33,14,795/-, henceforth excess of income over expenditure comes
