Denying exemption U/s 11 - proof of charitable activities - ...
Tax Exemption Denied u/s 11 Due to Insufficient Proof of Charitable Activities; Mutuality Principle Upheld.
September 16, 2017
Case Laws Income Tax AT
Denying exemption U/s 11 - proof of charitable activities - Since, the principle of mutuality was not violated then in the said circumstances the case of assessee is liable for exemption u/s 11. Even a single instance is not on the file which may describe this fact that the assessee has been involved in the trade, business and commerce.
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