Friday, October 25, 2019

No violation of sec. 2(15) if holding fairs, exhibitions and conferences were ancillary to attainment of main objects

INCOME TAX: Where assessee's activities of holding fairs, exhibitions and conferences were incidental or ancillary to attainment of assessee's main object of promotion of construction industry and surplus, if any, was to be transferred to its infrastructure fund, there was no violation of section 2(15)

from www.taxmann.com Latest Case Laws https://ift.tt/2pQBpo5

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