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Income Tax - Highlights / Catch Notes

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Continuance of registration u/s 12AA - The beneficiaries are ...

Income Tax

July 12, 2016

Continuance of registration u/s 12AA - The beneficiaries are only the members and benefit is not passed on to the public at large in any way. - Therefore, the objects and activities of the applicant cannot be called as “charitable” within the definition of main provision of section 2(15) - AT

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