Trust Denied Tax Exemptions u/ss 10(22) and 10(23C) for Failing Charitable Purpose Test, Focuses on Profit.

Whether the assessee is entitled for exemption u/s 10(22) and 10(23C) - There is no obligation to use the surplus funds for the charitable purpose, viz. “education“ - trust exists only for profit motive - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X