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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Exemption u/s 11 - charitable activity u/s 2(15) - public ...


Court Grants Tax Exemption for Swimming Activities, Denies Exemption for Card-Playing Income u/s 11, Income Tax Act.

September 9, 2019

Case Laws     Income Tax     AT

Exemption u/s 11 - charitable activity u/s 2(15) - public charitable trust providing swimming pool facilities for training and for other aquatic events - assessee is also providing facilities of playing Cards and also having Permit Room, Bar and Restaurants for Catering and Soft Drinks - Except the income from playing cards, exemptions related to other activities allowed - AT

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