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Income Tax - Highlights / Catch Notes

Home Highlights November 2014 Year 2014 This

Eligibility for exemption u/s 11 – Application of income - ...

Income Tax

November 20, 2014

Eligibility for exemption u/s 11 – Application of income - Section 11(1)(a) is pari materia to the third proviso to Section 10(23C)(vi) of the Act and the only difference is with regard to the percentage of income and the period for which it can be carried forward - HC

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