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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - Registration u/s 12AA - Charitable activity ...


Trust's 300-Year-Old Jain Temple Activities Qualify for Tax Exemptions u/ss 11, 12AA, and 2(15) of Income Tax Act.

June 1, 2020

Case Laws     Income Tax     AT

Exemption u/s 11 - Registration u/s 12AA - Charitable activity u/s 2(15) - the assessee is working for both religious and charitable purpose and the property in question i.e. 300 year old Jain temple is being maintained and used for religious and charitable purpose by the assessee trust under the certificate granted by the Municipal Council. - Registration to be granted.

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