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Income Tax - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

Cancellation of registration u/s 12AA(3) - Assessee trust is not ...

Case Laws     Income Tax

October 19, 2013

Cancellation of registration u/s 12AA(3) - Assessee trust is not merely a mediator in buying and selling of land to the general public. Rather it operates in a business oriented way on the well known principles of profit generation - not a charitable purpose u/s 2(15) - AT

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