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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Allowability of Exemption u/s 11 - Floor of the premises of the ...


Executive President's Premises Use Complies with Section 13, Preserves Tax Exemption u/s 11 of Income Tax Act.

March 1, 2014

Case Laws     Income Tax     AT

Allowability of Exemption u/s 11 - Floor of the premises of the society being occupied by its Executive President does not violate the provisions of Section 13 – Allowing occupation of the premises to Executive President cannot be considered to be unreasonable - AT

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