Exemption of income under the provision of Section 11 denied - ...
Income Exemption Denied: Society Not Engaged in Trade or Business, Section 11 and Section 2(15) Proviso Applied.
July 16, 2015
Case Laws Income Tax AT
Exemption of income under the provision of Section 11 denied - proviso to Section 2(15) of the Act cannot be applied to the appellant society as it is not engaged in any activity which are in the nature of trade, commerce and business - AT
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