Commissioner of Income Tax-I Versus Babu Banarsi Das Educational Society, Lucknow - Income Tax - ALLAHABAD HIGH COURT - HC - Application of income - Held that - The expenses were incurred on the foreign tour undertaken by the president of the assessee trust - Decided in favour of Revenue. Expenses for telephones, securities and membership of Indian Habitat World Centre - Held that - If there were sufficient reasons for withdrawal of the exemption under Section 11 of the Act, then necessary proce................................... Income Tax - Case Laws
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