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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Entitlement to exemption u/s 11 - there is no change in the ...


Assessee Maintains Exemption u/s 11; No Change in Aims or Activities, Section 2(15) Proviso Not Invoked.

July 7, 2015

Case Laws     Income Tax     AT

Entitlement to exemption u/s 11 - there is no change in the aims and objects of assessee in the impugned AY and the activities of assessee over the years remains the same, the proviso to section 2(15) cannot be applied to assessee to deny exemption u/s 11 - AT

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