Exemption u/s 11 - charitable activity u/s 2(15) - The surplus ...
Income from STD booths and pharmacies supports charity for disabled individuals, qualifying for tax exemption under Sec 11.
October 15, 2019
Case Laws Income Tax AT
Exemption u/s 11 - charitable activity u/s 2(15) - The surplus derived from running the STD booths, pharmaceutical shops etc. was incidental and ancillary to the dominant object of taking care of physically and mentally challenged persons and uplifting them and enabling them to survive and live in this society. - Benefit of exemption allowed.
View Source