No Violation of Section 13(1)(c) in respect of Civil Contract awarded to a Firm in which Managing Trustee of Trust is Proprietor, Exemption u/s 11 allowable: ITAT [Read Order]

Civil Contract - Trustee of Trust - Proprietor - ITAT - taxscan

The Chennai Bench of Income Tax Appellate Tribunal (ITAT) has held that exemption under section 11 is allowable when there is no violation of section 13(1)(c) of the Income Tax Act since the civil contract awarded to a firm in which managing trustee of the trust is the proprietor. Sri Vekkaliamman v. Educational And Charitable…

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Deputy Director of IncomeTax vs M/s. Sri Vekkaliamman Educational And Charitable Trust

Counsel for Appellant:   Shri. P. Sajit Kumar

Counsel for Respondent:   Shri. G. Seetharaman

CITATION:   2023 TAXSCAN (ITAT) 236

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