Claim of exemption u/s 11/12 - sponsorship contract with Samsung ...

Exemption Granted: Association's Sponsorship Contract with Samsung Not Motivated by Profit, Section 2(15) Inapplicable.

July 24, 2018

Case Laws Income Tax AT

Claim of exemption u/s 11/12 - sponsorship contract with Samsung India Electronics Pvt. Ltd - there was no material which may suggest that the assessee association was conducting its affairs solely on commercial lines with the motive to earn profit - proviso to section 2(15) not applicable - exemption allowed.

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Claim of exemption u/s 11/12 - sponsorship contract with Samsung ...

Exemption Granted: Association's Sponsorship Contract with Samsung Not Motivated by Profit, Section 2(15) Inapplicable.

July 24, 2018

Case Laws Income Tax AT

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