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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Charitable activity u/s 2(15) - exemption u/s 10(23C)(iv) - ...


Charitable Activities and Tax Exemptions: Services Like Accommodation and Food Not Classified as Trade Under Sec 2(15.

January 18, 2019

Case Laws     Income Tax     AT

Charitable activity u/s 2(15) - exemption u/s 10(23C)(iv) - benefit of section 11 - activities of the assessee also include providing of services such as accommodation, food and beverages, etc., for payment of charges - These activities could not be treated in the nature of trade or commerce.

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