TMI BlogClaim of exemption under section 11 denied - interest free loan given by the assessee society to...Claim of exemption under section 11 denied - interest free loan given by the assessee society to another society with identical object cannot be treated as “investment” or “deposit” in which event there is no violation of section 13(1)(d) r.w.s. 11(5) - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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