Tribunal held that the trust would be entitled for deduction in computation of income from house property. Followed ADIT v. Sri Sathya Sai trust ITA No 7350 /Mum/ 2011 dt 25-03 2013, referred Nandlal Tolani Charitable Trust, ITA No. 6970 & 199/Mum/2011, ITA No. 1111/Mum/2011. (AY. 2013-14, 2015-16)
Shantaram Bhat Charitable Trust v. CIT (2020) 180 ITD 735 (Mum.)(Trib.)
S. 24 : Income from house property-Deductions-Trust would be entitled for deduction . [S. 11]