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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - Charitable activity u/s 2(15) - even if it is ...


Charitable Status Retained: Section 11 Exemption Valid Despite Executive Committee's Favoritism in Quota Allotment.

May 10, 2016

Case Laws     Income Tax     AT

Exemption u/s 11 - Charitable activity u/s 2(15) - even if it is proved that certain favours were done by the Executive Committee in allotment of quota that would not make the assessee a non-charitable institution. - AT

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