under section 11 is not allowable to the assessee trust :
( 1) Khemraj Nemichand Shrishrimal Charitable Trust v. CIT [1998] 231 ITR 43 (96 Taxman ... that the Memorandum of Association of the assessee trust provides that the surplus funds on dissolution of the society would not be distributed amongst
under section 11 is not allowable to the assessee trust :
( 1) Khemraj Nemichand Shrishrimal Charitable Trust v. CIT [1998] 231 ITR43(MP)
(2) CITv ... that the Memorandum of Association of the assessee trust provides that the surplus funds on dissolution of the society would not be distributed amongst
provides for disposal of property on its dissolution. It reads as under :
"28. If, on the dissolution of the Society, there shall remain after ... fact, stated that even on dissolution, the surplus assets would not be distributed to the members but given to trust/institution engaged in carrying
provides for disposal of property on its dissolution. It reads as under :
"28. If, on the dissolution of the Society, there shall remain after ... fact, stated that even on dissolution, the surplus assets would not be distributed to the members but given to trust/institution engaged in carrying
Ace Builders (P.) Ltd. vs Assistant Commissioner Of Income-Tax on 13 January, 2000
Equivalent
Ishar Dass Sahni & Sons vs Deputy Commissioner Of Income-Tax on 22 May, 2000
been held by the firm for over 9 years and thereafter, on dissolution of the firm the assessee got the land as a capital asset ... trade when he got the land as a capital asset on the dissolution of the firm of which he was a partner. He further submitted
Income Tax Officer vs Estate Of Late K. S. Engineer on 7 February, 2000
ORDER
Ishar Dass Sahni And Sons vs Deputy Commissioner Of Income-Tax on 22 May, 2000
Association Of State Road Transport ... vs Deputy Director Of Income-Tax ... on 20 December, 2000
