TMI BlogExemption u/s 11 - microfinance activity - By collecting interest at such a higher rate the assessee has...Exemption u/s 11 - microfinance activity - By collecting interest at such a higher rate the assessee has deviated from its objective of doing charity - the action of the lower authorities in denying exemption u/s. 11 confirmed. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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