Entitlement to exemption u/s.11 and 12 - The assessee is ...

Tax Exemption Denied for Assessee Engaging in Commercial Lending at Market Rates u/ss 11 and 12.

August 18, 2015

Case Laws Income Tax AT

Entitlement to exemption u/s.11 and 12 - The assessee is availing loans from banks and advance the same and admitted that it has advanced the loans to the customers at 13%. It is a commercial rate prevailing in the market - exemption denied - AT

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Entitlement to exemption u/s.11 and 12 - The assessee is ...

Tax Exemption Denied for Assessee Engaging in Commercial Lending at Market Rates u/ss 11 and 12.

August 18, 2015

Case Laws Income Tax AT

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