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Income Tax - Highlights / Catch Notes

Home Highlights April 2021 Year 2021 This

Exemption u/s 11 - Educational activiity u/s 2(15) - CIT-A ...


Trust's Recording Studio Income Exempted u/s 11 After Review; Educational Activity Recognized per Section 2(15).

April 3, 2021

Case Laws     Income Tax     AT

Exemption u/s 11 - Educational activiity u/s 2(15) - CIT-A treated the income from recording studio as business income under section 11(4A) treating the income from recording studio as business income under section 11(4A) - The trust deed is to be read as a whole - Benefit of exemption allowed - AT

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