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Income Tax - Highlights / Catch Notes

Home Highlights May 2015 Year 2015 This

Whether income earned by the assessee from rendering legal ...

Income Tax

May 7, 2015

Whether income earned by the assessee from rendering legal consultancy is to be treated as exempt u/s 11 or 12 - the activity which is carried out by the assessee is a purely commercial activity, howsoever altruistic be the motive, and it cannot be treated as an educational or charitable activity - AT

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