{"id":6886,"date":"2020-04-16T16:11:36","date_gmt":"2020-04-16T10:41:36","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?page_id=6886"},"modified":"2020-05-11T16:21:07","modified_gmt":"2020-05-11T10:51:07","slug":"society-must-accumulate-income-as-per-section-11-of-the-income-tax-act-punjab-and-haryana-hc","status":"publish","type":"page","link":"https:\/\/corpbiz.io\/learning\/newsletter\/society-must-accumulate-income-as-per-section-11-of-the-income-tax-act-punjab-and-haryana-hc\/","title":{"rendered":"Society must accumulate income as per section 11 of the income tax act: Punjab and Haryana HC"},"content":{"rendered":"\n<p>The High Court of Punjab and Haryana has come to a critical verdict regarding the accumulation of account done by the specific society. The honourable courts have mentioned that if the threshold of the amount accumulation surpassed 15% figure, then it should utilize for a particular purpose rather than future aim or objects. <\/p>\n\n\n\n<p>Significantly, this verdict has rolled out in the context of <strong>Maharaja Ranjit Singh War Museum Society, Ludhiana<\/strong>, which is accredited by the Government of Punjab.  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The High Court of Punjab and Haryana has come to a critical verdict regarding the accumulation of account done by the specific society. The honourable courts have mentioned that if the threshold of the amount accumulation surpassed 15% figure, then it should utilize for a particular purpose rather than future aim or objects. Significantly, this [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":6856,"parent":4648,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"download-newsletter.php","meta":[],"acf":[],"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/pages\/6886"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=6886"}],"version-history":[{"count":3,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/pages\/6886\/revisions"}],"predecessor-version":[{"id":8331,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/pages\/6886\/revisions\/8331"}],"up":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/pages\/4648"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/6856"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=6886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}