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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - Scope of amendment to Section 2(15) - ...

Income Tax

November 23, 2022

Exemption u/s 11 - Scope of amendment to Section 2(15) - dominant object test - the aforesaid activities of the Appellant are directed towards the benefit of investors and potential investors forming part of the general public and are not limited to the benefit of its members. - AO is directed to allow exemption under Section 11 of the Act to the Appellant - AT

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