https://www.taxtmi.com/caselaws?id=789178 A charitable trust that did not claim exemption under sections 11 and 12 was assessed under the head income from other sources and sought deduction for expenditure and donations under section 57(iii). The tribunal applied the principle that, where income is brought to tax under the residual head, expenditure incurred wholly for the purpose of earning that income is deductible if it satisfies section 57(iii). It held that the absence of a claim under sections 11 and 12 did not by itself bar the deduction, and allowed the claim on the facts, setting aside the disallowance. en-us Wed, 25 Feb 2026 00:00:00 +0530 Sat, 04 Apr 2026 08:53:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789178 A charitable trust that did not claim exemption under sections 11 and 12 was assessed under the head income from other sources and sought deduction for expenditure and donations under section 57(iii). The tribunal applied the principle that, where income is brought to tax under the residual head, expenditure incurred wholly for the purpose of earning that income is deductible if it satisfies section 57(iii). It held that the absence of a claim under sections 11 and 12 did not by itself bar the deduction, and allowed the claim on the facts, setting aside the disallowance. Case-Laws Income Tax Wed, 25 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789178