ITAT Mumbai Deletes Section 11(1A) Disallowance on Sale Consideration Investment

DCIT (Exemptions) Vs Dawat E Hadiyah (ITAT Mumbai)

The Income Tax Appellate Tribunal (ITAT) Mumbai has ruled in favor of Dawat E Hadiyah in the case of DCIT (Exemptions) Vs Dawat E Hadiyah, dismissing the appeal filed by the revenue. The case revolves around the applicability of Section 11(1A) of the Income Tax Act concerning thePlease become a Premium member. If you are already a Premium member, login here to access the full content.