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Income Tax - Highlights / Catch Notes

Home Highlights July 2021 Year 2021 This

Exemption u/s 11 - Denial of exemption disputing the charitable ...

Case Laws     Income Tax

July 1, 2021

Exemption u/s 11 - Denial of exemption disputing the charitable nature of activities carried out by the assessee in terms of section 2(15) - the assessee-authority is carrying out charitable activities with object of general public utility in accordance with section 2(15) of the Act and the same cannot be termed as commercial or of business nature for the purpose of proviso to section 2(15) of the Act. - AT

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