Income derived out of investment made in VCF engaged in real estate business eligible for Sec. 10(23FB) exemption

IT: Where income in respect of which assessee claimed exemption under section 10(23FB) was earned out of investments made in Venture Capital Undertakings which were in real estate business and since real estate sector had been removed from negative list much before assessee came into existence, assessee was entitled to claim exemption

from www.taxmann.com Latest Case Laws https://ift.tt/2pnV1MR