Exemption u/s 11 - AO has proceeded to classify assessee’s ...

Income Tax

January 1, 2020

Exemption u/s 11 - AO has proceeded to classify assessee’s activities as ‘hybrid’, charitable as well as mutual activity - since the assessee is registered as a charitable trust, the application of principle of mutuality for the computation of its income is not required to be gone into as the income is to be computed as per Section 11, 12 and 13 of the Act

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Exemption u/s 11 - AO has proceeded to classify assessee’s ...

Income Tax

January 1, 2020

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