{"id":4017,"date":"2019-02-22T12:03:30","date_gmt":"2019-02-22T12:03:30","guid":{"rendered":"http:\/\/itatonline.org\/digest\/maharshi-karve-stree-shikshan-samstha-karvenagar-v-ito-2019-174-itd-591-punetrib\/"},"modified":"2019-02-22T12:03:30","modified_gmt":"2019-02-22T12:03:30","slug":"maharshi-karve-stree-shikshan-samstha-karvenagar-v-ito-2019-174-itd-591-punetrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/maharshi-karve-stree-shikshan-samstha-karvenagar-v-ito-2019-174-itd-591-punetrib\/","title":{"rendered":"Maharshi Karve Stree Shikshan Samstha Karvenagar .v. ITO (2019) 174 ITD 591 (Pune)(Trib.)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Tribunal held that, Charitable trust is entitle to accumulate 15% of receipts without considering the expenditure incurred on objects of Trust-when the application of income, is more than receipts of year, excess application of income i.e., expenditure in hands of assessee, can be carried forward to succeeding year. (AY. 2008 -09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 11 : Property held for charitable purposes &#8211;  Accumulation of income- Application of income &#8211; Charitable trust is entitle to accumulate 15% of receipts without considering the expenditure incurred on objects of Trust &#8211; when the application of income, is more than receipts of year, excess application of income i.e., expenditure in hands of assessee, can be carried forward to succeeding year. [S. 11(1)(a), 11(2)]<\/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-4017","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-12N","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/4017","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=4017"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/4017\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=4017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=4017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=4017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}