{"id":3027,"date":"2018-12-01T09:32:21","date_gmt":"2018-12-01T09:32:21","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-ohio-university-christ-college-2018-408-itr-352-karn-hc-editorial-order-in-dy-dit-v-ohio-university-christ-college-2015-44-itr-291-bang-trib-is-affirmed\/"},"modified":"2019-05-07T01:12:12","modified_gmt":"2019-05-07T01:12:12","slug":"cit-v-ohio-university-christ-college-2018-408-itr-352-karn-hc-editorial-order-in-dy-dit-v-ohio-university-christ-college-2015-44-itr-291-bang-trib-is-affirmed","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-ohio-university-christ-college-2018-408-itr-352-karn-hc-editorial-order-in-dy-dit-v-ohio-university-christ-college-2015-44-itr-291-bang-trib-is-affirmed\/","title":{"rendered":"CIT  v. Ohio University Christ College ( 2018) 408 ITR 352\/( 2019) 306 CTR 281\/174 DTR 10 (Karn) (HC) Editorial: Order in Dy.DIT  v. Ohio University Christ College ( 2015) 44 ITR 291 ( Bang) ( Trib) is affirmed ."},"content":{"rendered":"<p>Dismissing the appeals of the revenue the Court held that ;<b><\/b>amount paid to employing foreign personnel for imparting education in India, amount set apart for payment in previous year and paid in subsequent year,\u00a0 expenditure of earlier years\u00a0 adjusted against income of current year\u00a0 ,amounts to application of income . Court also held that when purposes of accumulation\u00a0 is mentioned in Form 10 charitable merely failure to give details, exemption cannot be denied <i>( AY.2<\/i>008-09,2009-10\u00a0)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 11 : Property held for charitable purposes \u2013 Amount paid to employing foreign personnel for imparting education in India, amount set apart for payment in previous year and paid in subsequent year,  expenditure of earlier years  adjusted against income of current year  ,amounts to application of income \u2013 When purposes of accumulation  is mentioned in Form 10 charitable merely failure to give details \u2014 Exemption cannot be denied [ Form 10 ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3027","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-MP","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=3027"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3027\/revisions"}],"predecessor-version":[{"id":5369,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3027\/revisions\/5369"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}