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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - charitable activity or not - running a crime ...

Income Tax

March 17, 2020

Exemption u/s 11 - charitable activity or not - running a crime investigating agency parallel to the investigative agencies of the state and central government. - above object cannot be called as charitable in nature - The Learned CIT(E) has also pointed out following inconsistencies or discrepancies in the accounts and the activities of the assessee - Applications u/s 12AA and 80G were rightly rejected - AT

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