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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - charitable activity u/s 2(15) - assessee has ...


Sports Coaching Fees Qualify for Tax Exemption u/s 11; Not Considered Business Activities per Section 2(15) Definition.

April 22, 2020

Case Laws     Income Tax     AT

Exemption u/s 11 - charitable activity u/s 2(15) - assessee has rendered services by way of conducting coaching/learning classes to the individuals in the field of sports and other related activities - Any fees received from such activities cannot be held to be in the nature of any trade, commerce, business activities - AT

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