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Section 13(8) - When commercial receipts exceeds the specified threshold limit Section 13(9) - Exclusion of income from the total income

Section 13(8) - When commercial receipts exceeds the specified threshold limit Section 13(9) - Exclusion of income from the total income - 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 section provides that exemption under section 11 & 12 shall not be available for the previous year in which commercial receipts exceeds the prescribed limits u/ .....

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