ITAT: Entire Gross Receipts of Trust Cannot Be Taxed Despite Section 11 Denial:
Tribunal held gross receipts cannot be taxed merely because exemption under Section 11 was denied.
Denial of Section 11 Exemption Does Not Justify Taxing Entire Gross Receipts
Meetu Kumari
Jul 21, 2026Premium
ITAT: Entire Gross Receipts of Trust Cannot Be Taxed Despite Section 11 Denial
Tribunal held gross receipts cannot be taxed merely because exemption under Section 11 was denied.
Also Read
ITAT Strikes Down Entire Reassessment Proceedings Over Unsigned Section 148 NoticeITAT Allows Section 80-IE Deduction on Enhanced Business Income After Assessment AdditionITAT Grants Tax Exemption Relief to Educational Institution Despite Return Filing ErrorITAT Deletes Section 271B Penalty, Holds Form 3CD Reporting Error Covered Under Reasonable Cause
About Author
Meetu Kumari
Content Manager
Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
Studycafe
Jodhpur, Rajasthan, India
2255My Recent Articles
- ITAT Allows Section 80-IE Deduction on Enhanced Business Income After Assessment AdditionPremium
- India Notifies India-Sri Lanka DTAA Protocol Introducing Principal Purpose Test
- ITAT Quashes Section 271(1)(c) Penalty After Original Assessment Was Set AsidePremium
- ITAT Remands Rs 36.60 Crore TP Adjustment in Veolia Intra-Group Services CasePremium
- ITAT Deletes Rs 59.53 Crore Section 68 Addition After Assessee Proves Share CapitalPremium
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts