Mehta Charitable Trust case: ITAT disallows expenses not related to taxable income 

ITO Vs Mehta Charitable Prajanalaya Trust (ITAT Delhi)

In the case of ITO Vs Mehta Charitable Prajanalaya Trust before ITAT Delhi, the tribunal upheld the order of the CIT(E), which followed the Delhi High Court’s direction to deny exemption under Section 11 of the Income Tax Act. The income of the trust was assessed unde

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