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Income Tax - Highlights / Catch Notes

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Charitable activities u/s 2(15) - exemption u/s 10(23C) - ...

Income Tax

October 1, 2013

Charitable activities u/s 2(15) - exemption u/s 10(23C) - Whether receipt of royalty in lieu of IPR is charitable activity or not - Requirement of separate books of accounts - not a business activity - exemption allowed - HC

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