Exemption u/s 11 - charitable purpose u/s 2(15) - profit motive ...
Case Laws Income Tax
November 23, 2019
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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