Charitable activity - benefit u/s 11 and 12 - Proviso to Section ...
Proviso to Section 2(15) of Income Tax Act protects genuine charities from losing tax exemptions u/ss 11 and 12.
February 16, 2019
Case Laws Income Tax AT
Charitable activity - benefit u/s 11 and 12 - Proviso to Section 2(15) was not designed to hit at those institutions, which had the advancement of the objects of general public utility at their hearts and were charity institutions.
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