Consideration of statutory Deduction u/s 24(a) while determining the amount available for application towards charity: Karnataka HC
Quick Summary
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
In the High Court of Karnataka at Bengaluru
Dated this the 7th Day of September 2020
Present
The Hon'ble Mr. Justice H.T.Narendra Prasad
I.T.A. NO 32 OF 2013
To know more in details find the attachment file
FAQ :
The judgement concerns whether statutory deductions under Section 24(a) should be considered when calculating the amount of money available for charitable applications.
Section 24(a) of the Income Tax Act is relevant to this case, specifically concerning statutory deductions.
The High Court of Karnataka at Bengaluru made this ruling.
The judgement was dated the 7th Day of September 2020.
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Published in Income Tax
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