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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Eligibility for exemption u/s 11 - "Ownership" of the ...

April 27, 2015

Case Laws     Income Tax     AT

Eligibility for exemption u/s 11 - "Ownership" of the Corporation and "activities" of the Corporation are two different aspects and the ownership cannot be considered or taken into account to determine the character or nature of the activities carried on by the Corporation - AT

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