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Friday 12 June 2015

Where the issue of investment in shares has already been considered at the time of registration of trust and found to be not voilating 11(5), no subsequent revocation of registration on this ground can be made

Nimmagadda Foundation [2015] 57 taxmann.com 226 (Hyderabad - Trib.)SEPTEMBER  10, 2014 
In this case investment in shares was converted in forms specified in 11(5) in specified period.

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