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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - charitable activity u/s 2(15) - mere action ...

Income Tax

April 11, 2019

Exemption u/s 11 - charitable activity u/s 2(15) - mere action of charging fee for services, by itself, would not justify invoking of the proviso to section 2(15) unless it is established that the purpose and object is profit motive.

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