https://www.taxtmi.com/caselaws?id=277974 The Tribunal dismissed the appeal, confirming the denial of exemption under sections 11 and 12 due to violations of section 11(5) and section 13(1)(d) of the Income Tax Act, 1961. The entire income was held taxable at the maximum marginal rate, following precedents that supported taxing all income rather than just the violating portion. The decision was pronounced on 26th April 2016 in Chennai. en-us Tue, 26 Apr 2016 00:00:00 +0530 Thu, 03 Jan 2019 06:18:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277974 The Tribunal dismissed the appeal, confirming the denial of exemption under sections 11 and 12 due to violations of section 11(5) and section 13(1)(d) of the Income Tax Act, 1961. The entire income was held taxable at the maximum marginal rate, following precedents that supported taxing all income rather than just the violating portion. The decision was pronounced on 26th April 2016 in Chennai. Case-Laws Income Tax Tue, 26 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277974