https://www.taxtmi.com/highlights?id=27185 Exemption u/s 11 - there was a mistake happened at the time of purchase of the BMW car whereby it got registered in the name of the trustee instead of the assesssee trust although it was purchased by the assessee trust and once the mistake was detected, the steps were initiated to correct the mistake and to transfer the motor car in the name of the assessee trust. - Exemption allowed - AT en-us Wed, 03 Feb 2016 07:00:49 +0530 Wed, 03 Feb 2016 07:00:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=27185 Exemption u/s 11 - there was a mistake happened at the time of purchase of the BMW car whereby it got registered in the name of the trustee instead of the assesssee trust although it was purchased by the assessee trust and once the mistake was detected, the steps were initiated to correct the mistake and to transfer the motor car in the name of the assessee trust. - Exemption allowed - AT Highlights Income Tax Wed, 03 Feb 2016 07:00:49 +0530 https://www.taxtmi.com/highlights?id=27185