Charitable trust can take set off??

This query is : Resolved 

12 January 2015 Dear guys,
Let me know that Charitable trust can take set off of last year loss if in previous year that charitable trust has been made profit?? If yes then what is section?

12 January 2015 Yes it can be set off please see the link.

http://indiankanoon.org/doc/38385917/



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