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Income Tax - Highlights / Catch Notes

Home Highlights February 2015 Year 2015 This

Registration under Section 12A cancelled - Mere selling some ...

Income Tax

February 9, 2015

Registration under Section 12A cancelled - Mere selling some product at profit (as has been the allegation of the revenue) will not ipso facto hit the assessee by applying proviso to Section 2(15) and deny exemption available under section 11. - AT

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