https://www.taxtmi.com/highlights?id=44113 Exemption u/s 11 - the trust could be entitled to claim excessive carry forward of deficit which resulted after making an allowance of 15% of gross receipts u/s 11(1)(a) and then claiming the application of income to the extent of expenses incurred on the objects of trust. en-us Fri, 25 Jan 2019 10:10:08 +0530 Fri, 25 Jan 2019 10:10:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=44113 Exemption u/s 11 - the trust could be entitled to claim excessive carry forward of deficit which resulted after making an allowance of 15% of gross receipts u/s 11(1)(a) and then claiming the application of income to the extent of expenses incurred on the objects of trust. Highlights Income Tax Fri, 25 Jan 2019 10:10:08 +0530 https://www.taxtmi.com/highlights?id=44113