426 results for “charitable trust”+ Section 249clear
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Bench: S.SUJATHA,RAVI V HOSMANI
249 ITR 533 (Bombay), wherein the question “whether violation of Section 11(5) read with Section 13(1)(d) by the assessee- trust attracts the maximum marginal rate of tax and the entire income of the trust?” was considered and held that in case of contravention of Section 13(1)(d), the maximum marginal rate of tax under Section