3 results for “charitable trust”+ Section 253(5)clear
Sorted by relevance
Key Topics
5. Sri A.Shankar, as a first shot on the issue, invites our attention to the proviso introduced to Section 12A of the Act which reads as follows: 12A.(1) The provisions of section 11 and section 12 shall not apply in relation to the income of any trust or institution unless the following conditions are fulfilled, namely:- (a) the person