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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Registration under Section 12A - diversion of income by ...

Income Tax

August 28, 2015

Registration under Section 12A - diversion of income by overriding title - Wwhatever the assessee does out of the grant and interest accrued can only be said to be application of income for the stated objects and activity of the assessee society and therefore reject the assessee's plea that there was diversion of income by overriding title - AT

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