Trust cannot claim Section 24(a) standard deduction against rental income

Improvement Trust Fatehabad Vs ITO (Exemptions) (ITAT Delhi)

Trust cannot claim standard deduction u/s 24(a) for rental income but can c/f the excess of expenditure in the subsequent year

In the given case there are two issues which are raised, first ground of appeal the non-granting of deduction under section 24 (a) being 30% of deduction on rental income from house property to c

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