Where profit motive is involved and where no charity towards ...

Income Tax Act: Profit-Driven Activities Not Eligible for Section 12AA Exemptions, Section 2(15) Clarified.

April 16, 2014

Case Laws Income Tax AT

Where profit motive is involved and where no charity towards general public is being done, applicability of section 2(15) is certainly established and benefits of exemption u/s 12AA are not allowable - AT

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Where profit motive is involved and where no charity towards ...

Income Tax Act: Profit-Driven Activities Not Eligible for Section 12AA Exemptions, Section 2(15) Clarified.

April 16, 2014

Case Laws Income Tax AT

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