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Income Tax - Highlights / Catch Notes

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Exemption u/s 80G(5) - Whether the funds are properly applied or ...

Income Tax

May 15, 2013

Exemption u/s 80G(5) - Whether the funds are properly applied or not, can be examined by the AO at the time of framing the assessment. - ITAT has erred in law in refusing exemption to the assessee u/s 80G(5) - HC

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