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Income Tax - Highlights / Catch Notes

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Entitlement to the benefit u/s 10(22A) - whether private limited ...


Private Limited Company Qualifies as "Institution" for Tax Benefits u/s 10(22A), Court Rules No Restrictive Limits.

March 29, 2016

Case Laws     Income Tax     HC

Entitlement to the benefit u/s 10(22A) - whether private limited company cannot come within the purview of the word "Institution", used in section 10(22A)? - When the legislature has not restricted the meaning of the word "Institution", there is no reason why any restriction should be put to the word by the Court - HC

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