Exemption u/s 11 - object of the assessee is to promote the game ...
Golf Promotion Group in Tamilnadu Wins Tax Exemption; Court Says Benefits Extend Beyond Members, Granting Section 11 Relief.
February 20, 2016
Case Laws Income Tax AT
Exemption u/s 11 - object of the assessee is to promote the game of golf in the State of Tamilnadu. The benefits can be available not only for the members of the assessee-society but also non-members. Therefore, the beneficiaries cannot be identified - principles of mutuality is not applicable - exemption u/s 11 allowed - AT
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