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Income Tax - Highlights / Catch Notes

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Exemption u/s.11 - Treatment of pharmacy income as income of ...

Income Tax

May 31, 2022

Exemption u/s.11 - Treatment of pharmacy income as income of charitable trust - the income from running the pharmacy which is integral part of the hospital is eligible for exemption u/s.11 and hence the AO is directed to delete the addition made in this regard. - AT

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