Prohibited use or application of income or property of Charitable trust

Sandeep Rawat , Last updated: 27 June 2020  
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When any part of the income or any property of the trust whenever created, is, during the previous year, used or applied directly, for the benefit of any person referred to in section 13(3), the denial of exemption operates. Section 13(2) specifies a few particular instances where the income or t

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Published by

Sandeep Rawat
(Expert in Taxation and compliance)
Category Income Tax   Report

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