Consideration of statutory Deduction u/s 24(a) while determining the amount available for application towards charity: Karnataka HC


Quick Summary
The Karnataka High Court has ruled on the consideration of statutory deductions under Section 24(a) when determining the amount available for charitable applications. This judgement clarifies how such deductions impact the calculation of funds designated for charitable purposes.

Court :
ITAT Karnataka

Brief :
This ITA is Filed Under Section 260-A of I.T. Act,1961 Arising out of Order dated 05.10.2012 Passed in ITA NO.705/BANG/2011 for the Assessment year 2006-07, praying that this hpn'ble court may be pleased to:

Citation :
I.T.A. NO.32 OF 2013

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