"16 January 1982" Archive

Circular No. 322-Income Tax dated 16-1-1982

Circular No. 322-Income Tax (16/01/1982)

Circular No. 322-Income Tax Section 13(1)(d ) provides that subject to the provision of section 13(1)(bb ) a trust/institution for charitable or religious purposes will lose the exemption under section 11 for assessment year commencing from the assessment year 1982-83 if any funds of the trust or institution are invested or deposited or c...

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