Exemption u/s 11 - charitable purpose u/s 2(15) - profit motive ...

Charitable Activities Verified by Donors Can Still Qualify for Tax Exemption u/s 11 of the Income Tax Act.

November 23, 2019

Case Laws Income Tax AT

Exemption u/s 11 - charitable purpose u/s 2(15) - profit motive - supervision of activities by the Donor - it is quite normal that the donor want to verify whether the grants have been incurred for the intended purpose, which in our opinion, is in any manner does not establish that the activities of the assessee is business activity.

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Exemption u/s 11 - charitable purpose u/s 2(15) - profit motive ...

Charitable Activities Verified by Donors Can Still Qualify for Tax Exemption u/s 11 of the Income Tax Act.

November 23, 2019

Case Laws Income Tax AT

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