Exemption u/s 11 and 12 - The entire amount spent by the ...

Court Rules Welfare Project for HIV/AIDS Patients Qualifies for Tax Exemption u/ss 11 and 12 of Income Tax Act.

April 8, 2022

Case Laws Income Tax HC

Exemption u/s 11 and 12 - The entire amount spent by the Assessee is through societies and trusts. It also runs its own project for the welfare of HIV and AIDS patients. In the above circumstances it has been held that merely because the Assessee charges management fees to defray the administrative costs it would not make its essential activity a business activity - HC

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Exemption u/s 11 and 12 - The entire amount spent by the ...

Court Rules Welfare Project for HIV/AIDS Patients Qualifies for Tax Exemption u/ss 11 and 12 of Income Tax Act.

April 8, 2022

Case Laws Income Tax HC

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