Charitable activity- proviso to section 2(15).- Bangalore ...

Bangalore Development Authority deemed charitable u/s 2(15); qualifies for tax exemption u/s 11 of the Income Tax Act.

March 27, 2019

Case Laws Income Tax AT

Charitable activity- proviso to section 2(15).- Bangalore Development Authority (BDA) - real estate developer - underlying motive / objective is not making and maximizing of profits, but planned development of Bangalore City - Exemption u/s 11 is allowable

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Charitable activity- proviso to section 2(15).- Bangalore ...

Bangalore Development Authority deemed charitable u/s 2(15); qualifies for tax exemption u/s 11 of the Income Tax Act.

March 27, 2019

Case Laws Income Tax AT

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