Exemption available u/s 11(1)(a) - the word applied need not ...

Income Tax

March 24, 2018

Exemption available u/s 11(1)(a) - the word applied need not necessarily imply spent. Even if the income is irretrievably earmarked and allocated for the charitable or religious purposes or purposes it may be under section 11 (1)(a) of the Act. - AT

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Exemption available u/s 11(1)(a) - the word applied need not ...

Income Tax

March 24, 2018

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