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Income Tax - Highlights / Catch Notes

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Eligibility to exemption u/s 11 - charging fees from the ...

Income Tax

July 25, 2018

Eligibility to exemption u/s 11 - charging fees from the students - denial of claim as activities of the society are in the nature of business activity - AO could not demonstrate by cogent evidence that the assessee society was carrying out activities which were commercial in nature - benefit of exemption allowed.

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