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Income Tax - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

Admittedly the other charitable institutions to whom interest ...

Income Tax

March 28, 2015

Admittedly the other charitable institutions to whom interest free loans were given by the assessee are registered under section 12A/12AA of the Act having similar objects. In such circumstances, there is no violation of the provisions of section 13(1)(d) read with section 11(5) - AT

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