Income Tax | Section 13 Violation Cannot Deny Entire Trust Exemption Under Section 11: Madras HC
Madras HC holds that Section 13(1)(d) violations attract maximum marginal tax only on affected trust income, not the entire income. The post Section 13 Violation Cannot Deny Entire Trust Exemption Under Section 11: Madras HC appeared first on TaxGuru .
Attribution
Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.
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