TMI BlogCharitable object - activities of construction of houses, flats, shops etc. which are sold - Since there...Charitable object - activities of construction of houses, flats, shops etc. which are sold - Since there is no motive to make profit, the activity cannot be said to be a business activity. - matter restored to the AO to ascertain as to whether separate books have been maintained for construction business. If separate books have been maintained, deduction under sub-sections (1), (2), (3) and (3A) will be available to the assessee, otherwise not..... - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
