Minimum alternate tax exclusions for pre-amendment banking companies and expatriate Indian branch salaries remain outside head office expenditure limi...
Whether income earned by the assessee from rendering legal consultancy is to be treated as exempt u/s 11 or 12 - the activity which is carried out by the assessee is a purely commercial activity, howsoever altruistic be the motive, and it cannot be treated as an educational or charitable activity - AT
Whether income earned by the assessee from rendering legal consultancy is to be treated as exempt u/s 11 or 12 - the activity which is carried out by the assessee is a purely commercial activity, howsoever altruistic be the motive, and it cannot be treated as an educational or charitable activity - AT
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