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Exemption u/s 10(21) - Scientific research association - the ...


Court Rules Research Association Can Keep Tax Exemption u/s 10(21) Despite Royalties and Service Charges.

March 26, 2013

Case Laws     Income Tax     HC

Exemption u/s 10(21) - Scientific research association - the fact that the petitioner also received certain payments towards royalty, service charges, etc. would not in itself mean that the petitioner was not a scientific research association. - HC

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