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Income Tax - Highlights / Catch Notes

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Charitable Trust - The fact that the receipts from commercial ...

Income Tax

May 28, 2015

Charitable Trust - The fact that the receipts from commercial activities are more compared to the overall receipts of the charitable organization can neither lead to the conclusion that the activities of the trust or institution are not genuine nor it can be said that the activities of the trust or institution are not being carried out in accordance with the objects of the trust or institution - HC

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