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Income Tax - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

Exemption u/s 10(23B) - the income of interest is attributable ...

Case Laws     Income Tax

March 30, 2017

Exemption u/s 10(23B) - the income of interest is attributable to and arises from working funds in an integrated manner and for this reason also we find that interest cannot be separated from the overall income and activities of the Trust - Benefit of exemption allowed- AT

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