Entitlement to exemption u/s 11 - the application of income ...

Case Laws Income Tax

August 3, 2016

Entitlement to exemption u/s 11 - the application of income generated by the business is not relevant consideration and what is relevant is whether the activity is so inextricably connected or linked with the objects of the trust that it could be considered as incidental to those objectives. - AT

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Entitlement to exemption u/s 11 - the application of income ...

Case Laws Income Tax

August 3, 2016

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