CBDT Circular on Section 11 Of The Income-Tax Act, 1961 – Charitable Or Religious Trust-Exemption Of Income From Property Held Under – Clarification Regarding Investment In ‘Kisan Vikas Patra’ And ‘Indira Vikas Patra’

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SECTION 11 OF THE INCOME-TAX ACT, 1961 – CHARITABLE OR RELIGIOUS TRUST-EXEMPTION OF INCOME FROM PROPERTY HELD UNDER – CLARIFICATION REGARDING INVESTMENT IN ‘KISAN VIKAS PATRA’ AND ‘INDIRA VIKAS PATRA’ CIRCULAR NO. 566, DATED 17-7-1990 1. Sub-section (5) of section 11 of the Income-tax Act, 1961 specifies the forms and modes of investment or deposit or surplus…

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