Entitlement to exemption u/s.11 - Assessee does not driven ...

Income Tax Exemption Granted: Assessee Operates Charity for Public Utility, Not Profit; Section 11 Applies, Proviso to 2(15) Doesn't.

October 8, 2015

Case Laws Income Tax AT

Entitlement to exemption u/s.11 - Assessee does not driven primarily by desire or motive to earn profits but to do charity through advancement of an object of general public utility. The assessee is operating on no profit basis. - The proviso to Sec.2(15) not applicable - exemption allowed - AT

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Entitlement to exemption u/s.11 - Assessee does not driven ...

Income Tax Exemption Granted: Assessee Operates Charity for Public Utility, Not Profit; Section 11 Applies, Proviso to 2(15) Doesn't.

October 8, 2015

Case Laws Income Tax AT

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