Loan to Section 12A Trust is Income Application, Not a Violation of Section 13(1)(c) or 13(2)(g) IT Act. https://www.taxtmi.com/highlights?id=46607 Exemption u/s 11 - advancing of loan to another trust registered u/s 12A should be treated as application of income towards the objects of the trust and did not violate either Section 13(1)(c) or 13(2)(g) en-us Sat, 18 May 2019 06:51:25 +0530 Sat, 18 May 2019 06:51:25 +0530 TaxTMI RSS Generator Loan to Section 12A Trust is Income Application, Not a Violation of Section 13(1)(c) or 13(2)(g) IT Act. https://www.taxtmi.com/highlights?id=46607 Exemption u/s 11 - advancing of loan to another trust registered u/s 12A should be treated as application of income towards the objects of the trust and did not violate either Section 13(1)(c) or 13(2)(g) Highlights Income Tax Sat, 18 May 2019 06:51:25 +0530 https://www.taxtmi.com/highlights?id=46607