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Exemption u/s 11 & 12 - promotion of football games - The mere fact that the appellant society had generated sponsorship funds, during the course of carrying on the ancillary objects, shall not alter the character of the main objects so long as the predominant object continues to be charitable and not to earn the profit. - Tri

Income Tax - Exemption u/s 11 & 12 - promotion of football games - The mere fact that the appellant society had generated sponsorship funds, during the course of carrying on the ancillary objects, shall not alter the character of the main objects so long as the predominant object continues to be charitable and not to earn the profit. - Tri - TMI Updates - Highlights .....

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