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Section 13(8) - When commercial receipts exceeds the specified threshold limit

Income Tax - Charitable, Religious, Educational Trust or Institutions or Organizations and Political Parties - 15 - SEC - 13(8): WHEN COMMERCIAL RECEIPTS EXCEEDS THE SPECIFIED THRESHOLD LIMIT This sec .....

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tax has not cancelled the registration of the trust for such previous year. Such exemption shall not be available for such previous year by operation of law i.e. Section 13(8). In such case, specific .....

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