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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 / 10(23C)(iiiab) - charitable activity - If ...

Income Tax

January 3, 2017

Exemption u/s 11 / 10(23C)(iiiab) - charitable activity - If after meeting expenditure, a surplus arises incidentally from the activity carried on by the educational institution, it will not be cease to be one existing solely for educational purposes - HC

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