TMI BlogSale of Immovable Property by Trust Doesn't Affect Charitable Exemption u/s 11 Income Tax Act.Entitlement to exemption u/s 11 - charitable activities - mere sale of an immovable property of the trust alone, cannot be the sole factor, to arrive at a conclusion that the income earned should be brought under the head, business income - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
|