2018 (11) TMI 653 - SCH - Income Tax

Claim for exemption under section 10(23C)(vi) - whether Assessee s activities including charging a franchisee fee could not be regarded as a charitable activity within the meaning of section 2(15) - as per HC purpose for which section 10(23C)(vi) was introduced, is adequately fulfilled and not disadvantageously circumvented by vested parties - Held that - SLP dismissed.