Exemption u/s 11 - Other receipts - Admittedly, in the case on...

Exemption u/s 11 - Other receipts - Admittedly, in the case on hand, the benefit of section 11 has been denied to the assessee for the activities carried out for the construction of the prayer hall. Accordingly, we hold that the activity of the assessee was in consonance with the object clause and therefore the assessee is entitled for the exemption under section 11 of the Act. - AT