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Income Tax - Highlights / Catch Notes

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Exemption u/s 11& 12 - Merely because an institution, which ...

Income Tax

February 12, 2016

Exemption u/s 11& 12 - Merely because an institution, which otherwise is established for a charitable purpose, receives income that would not make it any less a charitable institution - denial of exemption should only be to the extent of income which was violative of Section 13(1) (d) and not the total denial of exemption u/s. 11 - AT

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