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Income Tax - Highlights / Catch Notes

Home Highlights December 2013 Year 2013 This

The assessee has utilized more than 85% of its income for ...

Case Laws     Income Tax

December 23, 2013

The assessee has utilized more than 85% of its income for achieving the objects of the Society. Even if addition was made for non-deduction of TDS, the same cannot be treated as additional income, for which benefit of section 11 have to be granted to the assessee - AT

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