https://www.taxtmi.com/highlights?id=39650 Application of income of the Trust u/s 11 - Carry forward and set off of losses - if commercial principles are applied then adjustment of expenses incurred by the Trust in the earlier years against the income earned by the Trust in the subsequent year will have to be regarded as application of income of the Trust u/s 11 - AT en-us Wed, 30 May 2018 12:05:36 +0530 Wed, 30 May 2018 12:05:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=39650 Application of income of the Trust u/s 11 - Carry forward and set off of losses - if commercial principles are applied then adjustment of expenses incurred by the Trust in the earlier years against the income earned by the Trust in the subsequent year will have to be regarded as application of income of the Trust u/s 11 - AT Highlights Income Tax Wed, 30 May 2018 12:05:36 +0530 https://www.taxtmi.com/highlights?id=39650