THE COMMISSIONER OF INCOME TAX (EXEM) vs. KRUPANIDHI EDUCATION TRUST
Appeals stand disposed of
ITA/231/2016HC Karnataka20 Sept 2021
Bench: S.SUJATHA,RAVI V HOSMANI
Section 10(23)(c)Section 12ASection 13(1)(c)Section 133ASection 143(1)Section 2(15)Section 260Section 260A
investment or
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deposit which has been made in violation of Section
11(5) of the Act that is liable to be taxed and that the
violation under Section 13(1)(d) does not tantamount to
denial of exemption under Section 11 on the total
income of the assessee. Reference has been made to the
judgment