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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Eligible for exemption u/s. 11 or 10(23C) - the dominant object ...

Income Tax

January 22, 2019

Eligible for exemption u/s. 11 or 10(23C) - the dominant object of the assessee is to only develop the game of the cricket and not to carry any business activity directly or indirectly in the activities related trade, commerce, business. Therefore, assessee is entitled for claim of exemption u/s 11 and u/s 10(23C)(iv)

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