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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - Merely because a hotel is rented by assessee ...

Income Tax

April 3, 2019

Exemption u/s 11 - Merely because a hotel is rented by assessee society for using, as a hostel for student, does not make any difference, as far as student of the society exclusively uses the same - Assessee remains charitable u/s 2(15).

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