Exemption u/s 11 eligibility - general public utility - charging ...

Entities Charging Fees May Qualify for Tax Exemption u/s 11 if Profit Isn't Primary Objective.

January 4, 2018

Case Laws Income Tax AT

Exemption u/s 11 eligibility - general public utility - charging subscription as well as consultancy fees on actual - merely because the profits have been earned in one or two years it cannot lead to the fact that assessee is existing for making profit. It is required to be ascertained that whether profit making is not the driving force or dominant objective of the assessee. - AT

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Exemption u/s 11 eligibility - general public utility - charging ...

Entities Charging Fees May Qualify for Tax Exemption u/s 11 if Profit Isn't Primary Objective.

January 4, 2018

Case Laws Income Tax AT

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