Exemption Denied: Profitable Entity's Activities Fail to Meet "Charitable Purpose" Definition Under Income Tax Act Section 2(15) & 11.

Denial of exemption u/s 11 – Scope of term charitable purpose u/s 2(15) - If the activities of the assessee are analysed, it has turned into a huge profit-making agency for which it is taking money from the general public - no charity is involved - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X