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1 result for “charitable trust”+ Carry Forward of Lossesclear

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Key Topics

Section 173(1)2

PRINCIPAL COMMISSIONER OF INCOME TAX vs. M/S.DEWDROP MERCHANTS PVT.LTD.

ITA/133/2018HC Orissa13 Apr 2022

Bench: DR. JUSTICE S. MURALIDHAR (CJ),MR. JUSTICE MURAHARI SRI RAMAN

Section 166Section 173(1)

Charitable Trust on daily basis and was getting monthly remuneration of Rs.30,000/-. He was also a Visiting Faculty at JSS Centre for Management Studies on a fixed 10 remuneration of Rs.1,44,000/- p.a. As per wound certificate Ex.P-4, the claimant has sustained comminuted fracture of both bones of left leg, fracture patella right, compression fracture spine D9 vertebra