Denial of exemption u/s 11 and 12 - Taxing surplus from ...
Court Denies Exemption for Transportation and Games Surplus, Deems Them Business Activities u/ss 11 and 12.
November 7, 2017
Case Laws Income Tax AT
Denial of exemption u/s 11 and 12 - Taxing surplus from Transportation and Games holding that the transportation activity, games activity and picnic are business activities - Being the part of educational activity, exemption cannot be denied.
View Source