MINERAL FOUNDATION OF GOA,PANAJI vs. ASSISTANT COMMISSIONER OF INCOME TAX (EXEMPTION), CIRCLE - 1, MANGALORE
In the result, the appeal of the assessee is allowed
ITA 120/PAN/2018[2013-14]Status: DisposedITAT Panaji04 Apr 2022AY 2013-14
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
For Appellant: Sh. Ketan Ved, CAFor Respondent: Smt. Rijula Uniyal, Sr. DR
Section 11(1)(a)Section 12ASection 143(3)Section 250(6)
Section 11(1)(a) reads thus :
“11. (1)(a) Income derived from property held under trust wholly for charitable or religious purposes, to the extent to which such income is applied to such purposes in India ; and, where any such income is accumulated or set apart for application to such purposes in India, to the extent to which the income
