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Income Tax - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

Claim of exemption as charitable institution - the collection of ...

Income Tax

December 28, 2015

Claim of exemption as charitable institution - the collection of sale of tickets, rent on stalls and service tax are incidental to the main activity of the assessee. Therefore, it cannot be construed as trade or commerce - exemption u/s 11 allowed - AT

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