THE PRINCIPAL COMMISSIONER OF INCOME TAX vs. JOSE THOMAS
ITA/46/2020HC Kerala03 Apr 2024
Bench: HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR,HONOURABLE MR. JUSTICE SYAM KUMAR V.M.
For Respondent: THE PRINCIPAL COMMISSIONER OF INCOME TAX
section 13(2)(g). It was submitted that
the payments were made to offset the cost of construction of building done
by the erstwhile Trustees and hence, there was no diversion.
19.3
The Ld. AR submitted that the Trust did not claim Rs. 14.55 crores as
expenditure or application and hence, the same cannot be added to income
