Exemption u/s 11 - Application of income does not change the ...

Income Not From Charitable Property Ineligible for Tax Exemption u/s 11, Regardless of Charitable Use.

April 27, 2020

Case Laws Income Tax AT

Exemption u/s 11 - Application of income does not change the character of receipt. If the receipt is not from the property held for charitable purposes, the same will not be eligible for exemption u/s 11, irrespective of its application for charitable purposes or otherwise. - AT

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Exemption u/s 11 - Application of income does not change the ...

Income Not From Charitable Property Ineligible for Tax Exemption u/s 11, Regardless of Charitable Use.

April 27, 2020

Case Laws Income Tax AT

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