https://www.taxtmi.com/caselaws?id=404148 The Tribunal upheld the decision that only the income violating Section 13(1)(c) and Section 13(1)(d) should be taxed at the maximum marginal rate, not the entire income. The Revenue's appeals were dismissed, and the assessee's cross objections were allowed. The Tribunal directed granting the trust exemption under Section 11 for assessment years 2011-12 and 2012-13. en-us Thu, 11 Feb 2021 00:00:00 +0530 Thu, 08 Jul 2021 12:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404148 The Tribunal upheld the decision that only the income violating Section 13(1)(c) and Section 13(1)(d) should be taxed at the maximum marginal rate, not the entire income. The Revenue's appeals were dismissed, and the assessee's cross objections were allowed. The Tribunal directed granting the trust exemption under Section 11 for assessment years 2011-12 and 2012-13. Case-Laws Income Tax Thu, 11 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404148