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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - Deemed registration u/s 12AA - Charitable ...

Income Tax

March 11, 2020

Exemption u/s 11 - Deemed registration u/s 12AA - Charitable activity or not - The Supreme Court decision does not lay down any principle of law. In such circumstances, deemed registration cannot be granted on the ground that the application filed by the Trust u/s 12AA is not decided, for any good reason, within a period of six months from the date of filing. - HC

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