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Income Tax - Highlights / Catch Notes

Home Highlights May 2015 Year 2015 This

Charitable object - The primary object of insertion of proviso ...

Income Tax

May 16, 2015

Charitable object - The primary object of insertion of proviso to section 2(15) was to curb the practice of earning income by way of carrying on of trade or commerce and claiming the same as exempt in the garb of pursuing the alleged charitable object of general public utility. - AT

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