Disallowances u/s 40(a) not applicable to charitable trust/institution u/s 11

Advertisement IN THE ITAT MUMBAI BENCH ,B, Mahatma Gandhi Seva Mandir V. Deputy Director of Income-tax (E) 1(2), Mumbai IT APPEAL NO.4138 (MUM.) OF 2011 -[ASSESSMENT YEAR 2007-08] Date of Decision – MAY 11,2012 ORDER Amit Shukla, Judicial Member – This appeal has been filed by the assessee against the order dated 3-11-2010, passed by CIT(A)-1, Mumbai for the quantum of assessment passed under Section 143(3) for the assessment year 2007-2008. In the concise grounds of appeal, the assessee has raised following two grounds :- 1. On the facts and in the circumstances of the case and...