Exemption u/s 11(1)(a) of 15% of Income is unfettered and not subject to any conditions

ITAT Tribunal held that it is clear from section 11(1)(a) that income derived from property held under trust wholly for charitable purposes or religious purposes shall not be included in the total income to the extent of 15% is unqualified. It was held that exemption available u/s.11(1)(a) i.e. 15% of income is unfettered and not subject to any conditions and thus allowed this issue in favour of the assessee and deleted the addition confirmed by the CIT(A). ____________________________________ Under this issue the assesse has chalenged the confirmation of the order of the Assessing Officer by ...