Requirements of section 13(1)(d) of the Income-tax Act, 1961, read with section 11(1)(a)--Clarification regarding

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....;       All Commissioners of Income-tax. Sir, Subject : Requirements of section 13(1)(d) of the Income-tax Act, 1961, read with section 11(1)(a)--Clarification regarding. Section 11(1)(a) of the Income-tax Act, 1961, provides for grant of exemption from income-tax to income derived from property held under trust for charitable or religious purposes to the ext....

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....or mode other than those specified in section 13(5). The Finance Bill, 1982, contains a provision to extend this period to one year so that the requirements will be applicable from assessment year 1983-84, for the previous year commencing on or after 1-4-1982. 3. The effect of the insertion of section 13(1)(d) on section 11(1)(a) has been examined. The exemption under section 11(1)(a) will be a....