Allowability of exemption u/s 11 – Charitable purpose u/s 2(15) ...
Charitable Institutions Get Tax Exemption u/s 11, Defined by Section 2(15), Upon Section 12A Recognition.
November 13, 2014
Case Laws Income Tax AT
Allowability of exemption u/s 11 – Charitable purpose u/s 2(15) - Once the assessee is a charitable institution and duly recognised under section 12A, then income is to be computed in accordance with the provisions of section 11 only - AT
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