Denying the exemption u/s 11 - the income over and above amount ...

Income Tax

August 4, 2018

Denying the exemption u/s 11 - the income over and above amount for ₹ 25 lacs from the business activity i.e. from the exploitation of its right to hold Davis Cup will be treated as ‘business income’ of the assessee and will be liable to include in its total income.

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Denying the exemption u/s 11 - the income over and above amount ...

Income Tax

August 4, 2018

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