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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Charitable activity - scope of section 2(15) - - Whether the ...


One-day, T-20, and IPL matches aren't considered business or trade u/s 2(15) for charitable activities.

August 21, 2015

Case Laws     Income Tax     AT

Charitable activity - scope of section 2(15) - - Whether the activity of conducting oneday matches, T-20 matches and Indian Premier League matches would amount to doing business or trade? - Held NO - AT

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