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Income Tax - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

Charitable activity u/s 2(15) - Exemption u/s 11 - asylum to ...

March 27, 2017

Case Laws     Income Tax     HC

Charitable activity u/s 2(15) - Exemption u/s 11 - asylum to old, maimed, sick and disabled cows - an incidental activity of selling milk which may result in receipt of money, by itself would not make it trade, commerce or business nor an activity in the nature of trade, commerce or business to be hit by the proviso to Section 2(15) - HC

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