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Income Tax - Highlights / Catch Notes

Home Highlights September 2020 Year 2020 This

Exemption u/s 11 - the activities of the assessee's association ...

Income Tax

September 24, 2020

Exemption u/s 11 - 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 non- commercial principles to State Road Transport Undertakings and other concern members for a fee or charges. - AT

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