451 results for “charitable trust”+ Section 139(4)clear
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4 order dated 30.11.2009 disallowed the claim of deduction of the claim of assessee for an amount of Rs.43,25,983/- under Section 24(a) of the Act on the ground that the income of the trust has to be computed in a commercial manner and not as per the Act. The claim for depreciation was also disallowed. The assessee