Exemption u/s 11 - when the assessee-trust instead of keeping ...

Trust Leases Medical Equipment for Charity, Retains Tax Exemption u/s 11 of Income Tax Act.

December 27, 2017

Case Laws Income Tax AT

Exemption u/s 11 - when the assessee-trust instead of keeping medical equipments idle, leased out the same and utilised the lease amount for charitable activity, it cannot be said that the assessee was carrying on business activity. - AT

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Exemption u/s 11 - when the assessee-trust instead of keeping ...

Trust Leases Medical Equipment for Charity, Retains Tax Exemption u/s 11 of Income Tax Act.

December 27, 2017

Case Laws Income Tax AT

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