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Income Tax - Highlights / Catch Notes

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Grant of registration u/s 12AA - Exemption u/s 11 - In case ...

Case Laws     Income Tax

April 30, 2018

Grant of registration u/s 12AA - Exemption u/s 11 - In case hefty fees is being charged by the assessee society and at the same time, it is providing free education to the needy students and free medical aid to the needy patients, it cannot change its nature from charitable society to profit making society. - AT

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