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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - charitable purposes - the words "not ...

Income Tax

May 28, 2016

Exemption u/s 11 - charitable purposes - the words "not involving the carrying on any activity for profit" were dropped from section 2(15) - As long as broader public cause is served, whether by the State funding or by efficient regulation of the affairs, it is an object of general public utility. - AT

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