{"id":6031,"date":"2019-06-29T09:56:40","date_gmt":"2019-06-29T09:56:40","guid":{"rendered":"http:\/\/itatonline.org\/digest\/all-saints-school-v-ito-2019-176-itd-632-delhitrib\/"},"modified":"2019-06-29T09:56:40","modified_gmt":"2019-06-29T09:56:40","slug":"all-saints-school-v-ito-2019-176-itd-632-delhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/all-saints-school-v-ito-2019-176-itd-632-delhitrib\/","title":{"rendered":"All Saints School v. ITO (2019) 176 ITD 632  (Delhi)(Trib.)"},"content":{"rendered":"<p>Tribunal held that, exemption cannot be denied merely because the done trust has not spent the donation during the year itself. Tribunal also held that interest accrued on fixed deposits which was not received, to be treated as deemed application of income under clause (2) of Explanation to section 11(1), exemption cannot be denied. (AY. 2013-14, 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 11 : Property held for charitable purposes-Application of income \u2013 Payment to another charitable trust\u2013Exemption cannot be denied merely because the done trust has not spent the donation during the year itself\u2013Interest accrued on fixed deposit \u2013 Deemed application of income\u2013Exemption cannot be denied .[ S.11(2)  12, 12A , 13(3) ]<\/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-6031","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1zh","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6031","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=6031"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/6031\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=6031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=6031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=6031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}