The Cuttack bench of the Income Tax Appellate Tribunal ( ITAT ) held that income from the trust used directly or indirectly for the benefit of any prohibited person is not entitled to exemption u/s11 of the Income Tax Act ,1961 and upheld the order passed by the Commissioner of Income Tax (Appeals) The appellant…
Taxscan Premium
Why should you subscribe?
- Enjoy our website without interruptions from advertisements
- Receive Daily newsletters
- Receive realtime Telegram/Whatsapp news updates
- Download original Judgements / Order / Notifications / Circulars, etc
- Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
₹1199 + GST for 1 year
Subscribe Now
Already Subscribed?
Login Now