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Income Tax - Highlights / Catch Notes

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Charitable activity - exemption u/s 11 - mandation to specify ...

Income Tax

October 18, 2018

Charitable activity - exemption u/s 11 - mandation to specify the object/purpose in Form No.10 for claiming accumulation u/s. 11(2) - Though it is necessary, but that by itself would not mean that any inaccuracy or lack of full declaration in the prescribed format by itself would be fatal to the claimant.

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