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Income Tax - Highlights / Catch Notes

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Denial of exemption u/s. 11 - Donation received against ...

Income Tax

May 25, 2016

Denial of exemption u/s. 11 - Donation received against management quota seats - donations are spent only for the purpose of education and no part of the funds of the trust has been diverted for the personal benefit of any of the trustees - exemption cannot be denied - AT

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