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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - proof of charitable activities u/s 2(15) - ...

Income Tax

March 23, 2020

Exemption u/s 11 - proof of charitable activities u/s 2(15) - The activities of the assessee's association cannot be termed either "trade" , "commerce" or "business" simply because the assessee association is receiving some charges or fees for rendering services on noncommercial principles to State Road Transport Undertakings and other concern members for a fee or charges - AT

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