CBDT issues Draft Notification for Amendment of Form No 10B of the Income-tax Rules, 1962
open view news desk Section 12A of the Income-tax Act, 1961 (the Act) provides for conditions for applicability of Sections 11 and 12 of the Act. One such condition under clause (b) of sub-section (1) thereof is that where the total income of the trust or institution computed […]