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Income Tax - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Charitable activity u/s 2(15) - the hostel and transport ...


Hostel and transport facilities by a trust are tax-exempt as they support educational goals u/s 2(15) Income Tax Act.

November 2, 2018

Case Laws     Income Tax     AT

Charitable activity u/s 2(15) - the hostel and transport facilities is incidental to achieve the object of providing education as per object of the trust - benefit of exemption allowed.

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