Profit from product sales doesn't negate charitable status under Income Tax Act Section 2(15); exemption u/s 11 remains.

Profit from product sales doesn't negate charitable status under Income Tax Act Section 2(15); exemption u/s 11 remains. https://www.taxtmi.com/highlights?id=14607 Charitable activity u/s 2(15) - Mere selling some product at a profit will not ipso facto hit assessee by applying proviso to Section 2(15) and deny exemption available under Section 11. - HC en-us Thu, 19 Sep 2013 12:33:00 +0530 Thu, 19 Sep 2013 12:33:00 +0530 TaxTMI RSS Generator Profit from product sales doesn't negate charitable status under Income Tax Act Section 2(15); exemption u/s 11 remains. https://www.taxtmi.com/highlights?id=14607 Charitable activity u/s 2(15) - Mere selling some product at a profit will not ipso facto hit assessee by applying proviso to Section 2(15) and deny exemption available under Section 11. - HC Highlights Income Tax Thu, 19 Sep 2013 12:33:00 +0530 https://www.taxtmi.com/highlights?id=14607