https://www.taxtmi.com/highlights?id=45873 Exemption u/s 11 - renal income - standard deduction @30% vs actual expenditure - once income of a trust/institution is computed u/s 11, whatever income derived from the property held under trust is to be taken into account and against which actual expenditure is allowable not the standard deduction @30% u/s 24(a) en-us Sat, 13 Apr 2019 05:55:47 +0530 Fri, 12 Apr 2019 17:25:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=45873 Exemption u/s 11 - renal income - standard deduction @30% vs actual expenditure - once income of a trust/institution is computed u/s 11, whatever income derived from the property held under trust is to be taken into account and against which actual expenditure is allowable not the standard deduction @30% u/s 24(a) Highlights Income Tax Sat, 13 Apr 2019 05:55:47 +0530 https://www.taxtmi.com/highlights?id=45873