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Sec 22 and charitable trust

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(Querist)
12 January 2011 Does Sec 22 of income tax act applies to Charitable trust, can a charitable trust claim Sec 24
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
12 January 2011 Yes sec 22 is applicable on charitable trust. Yes trust can claim u/s 24.

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