Shri 1008 Digambar Jain Atishay Kshetra Papoura Ji vs. ITO-Exemption

Court: ITAT AGRA
Head Notes:

1. Where a trust or institution is granted registration u/s 12AA, the benefit of Sections 11 & 12 shall also be available for earlier assessment years.

2. Donations duly credited to the Income & Expenditure Account cannot again be brought to tax under Section 68, as the same would amount to double addition.

3. The enhanced rate of tax under Section 115BBE is applicable from AY 2018-19 onwards and cannot be applied to AY 2017-18 (the demonetisation year).

Law:
Section(s): 11,12, 12AA, 68, 115BBE, Demonetization
Counsel(s): CA Milind Wadhwani
Dowload Pdf File Click here to download the file in pdf format
Uploaded By CA Ritu Chourey
Date of upload: July 3, 2026

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