The process of determination of total income under the I T ACT cannot be applied to the determination of income for the purpose of section 11(1)(a)

The process of determination of total income under the I T ACT cannot be applied to the determination of income for the purpose of section 11(1)(a). the income of the trust/institution is to be determined on commercial principles. Accordingly it has been held by Delhi HC that even taxes paid should also be allowed in computing the income u/s 11. ..345 ITR 362