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Income Tax - Highlights / Catch Notes

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Grant of recognition u/s 80G - substance over form - If ...

Case Laws     Income Tax

December 8, 2022

Grant of recognition u/s 80G - substance over form - If Trust/Institution incurs expenses for religious purposes which is inclusive and is only a small part of the income, and if the substantial work done by the trust is charitable in nature benefitting the public at large then the institution or trust has to be granted exemption u/s 80G of the Act. - AT

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