2014 (7) TMI 1318

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....is appeal filed by the Assessee is directed against the order of the Ld.CIT(A)-39, Mumbai dated 28.12.2011 for the Assessment Year 2008-09. 2. In this appeal, the assessee has agitated the decision of the Ld.CIT(A) in not allowing standard deduction of 30% from rental income as available u/s 24(a) of the Income Tax Act as the assessee is a charitable trust which is claiming deduction u/s 11(1)(....