Exemption u/s 11 - the assessee association’s primary purpose ...
Case Laws Income Tax
October 17, 2016
Exemption u/s 11 - the assessee association’s primary purpose was advancement of objects of general public utility and it would remain charitable even if an incidental or ancillary activity or purpose, for achieving the main purpose was profitable in nature - assessee is not hit by proviso to section 2(15) - AT
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