Section 11 & 12 of Income Tax

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....ection 11 & 12 of Income Tax<br> Query (Issue) Started By: - CA Rachit Agarwal Dated:- 13-11-2011 Last Reply Date:- 15-11-2011 Income Tax<br>Got 1 Reply<br>Income Tax<br>We wish to know whether intere....

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....st income received by trust registered pursuant to provision of Section 12AA of the Income Tax Act, 1961 is also available for exmeption u/s 10 and 11 of the Act if the same is used for charitabole an....

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....d religious purposes. Reply By tarsem gupta: The Reply: Yes, interest income is exempt if applied for charitable purpose.<br> Discussion Forum - Knowledge Sharing ....