Non-Entitlement to Section 11 deduction Doesn’t Preclude Expense Claim Against Gross Receipts

Anamika Kala Sangam Vs DCIT (ITAT Kolkata) Introduction: The case of Anamika Kala Sangam vs. DCIT was recently heard by the Income Tax Appellate Tribunal (ITAT) in Kolkata. The dispute centered around whether an organization, not entitled to benefits under Section 11 of the Income Tax Act, could claim expenses against its gross receipts. Detailed Analysis: The assessee, Anamika Kala Sangam, is a mutual association collecting subscription and donation from its members to organize cultural programs. Despite not being eligible for exemption under Section 11, the organization claimed expenses incu...