Assessment Reopened: AO to Examine Trust's Compliance with Income Tax Act Sections 11 and 13 for Tax Exemption.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Reopening of assessment – AO has not examined; the question whether the Trust fulfilled the condition laid down in Section 11 and 13 and whether the income earned from the business is exempt from Tax - reopening justified - HC....