10 results for “charitable trust”+ Section 12(1)(b)clear
Sorted by relevance
Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS
b) where the total income of the trust or institution as computed under this Act without giving effect to the provisions of section 11 and section 12 exceeds the maximum amount which is not chargeable) to income-tax in any previous year, the accounts of the trust or institution for that year have been audited by an accountant as defined