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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Charitable activity - approval u/s 10(23C)(vi) - Absence of the ...

Case Laws     Income Tax

October 20, 2018

Charitable activity - approval u/s 10(23C)(vi) - Absence of the dissolution clause of the trust, there is a lacuna which may be misutilized in the event of dissolution of the managing committee - ITAT has rightly held that the reason for rejection by the CCIT cannot be sustained

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