{"id":8145,"date":"2019-11-12T07:49:12","date_gmt":"2019-11-12T07:49:12","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-e-v-agastya-international-foundation-2019-417-itr-539-karn-hc\/"},"modified":"2019-11-12T07:49:12","modified_gmt":"2019-11-12T07:49:12","slug":"cit-e-v-agastya-international-foundation-2019-417-itr-539-karn-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-e-v-agastya-international-foundation-2019-417-itr-539-karn-hc\/","title":{"rendered":"CIT ( E) v. Agastya International Foundation. (2019) 417 ITR 539 (Karn) (HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that adjustment of excess expenditure of earlier years against income of current year amounts to application of income-Entitle to exemption\u00a0 . Followed CIT ( E) Ohio University Christ College\u00a0 ( 2018)408 ITR 352 ( Karn) (HC) (AY. 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 11 : Property held for charitable purposes \u2013 Application of income- Adjustment of excess expenditure of earlier years against income of current year amounts to application of income-Entitle to exemption .[ S.2(15) 11(1) (a) ]<\/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-8145","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-27n","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8145","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=8145"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8145\/revisions"}],"predecessor-version":[{"id":8146,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8145\/revisions\/8146"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=8145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=8145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=8145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}