Monday, December 28, 2020

No denial of sec. 11 exemption to institute deploying its funds to a non-profit organisation as per Govt. policy

INCOME TAX : Where a charitable institution deployed its funds in equity of a non-profit company to meet wider objectives of public charitable nature on account of Central Government policy, exemption could not be denied

from www.taxmann.com Latest Case Laws https://ift.tt/2L4sRog
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