Trust's Activities Deemed Broadly Charitable, Not Subject to Section 115BBC Stringency of Income Tax Act.

Trust's Activities Deemed Broadly Charitable, Not Subject to Section 115BBC Stringency of Income Tax Act. https://www.taxtmi.com/highlights?id=19896 Nature of the activity carried on by Trust - Religious or Charitable - merely because the assessee is not limiting itself to disbursing food medicine, providing shelter etc and is also giving lectures on spirituality was not the kind of assessee contemplated under section 115BBC who was to be visited by the rigours of the said section. - AT en-us Wed, 03 Sep 2014 12:59:39 +0530 Wed, 03 Sep 2014 12:59:39 +0530 TaxTMI RSS Generator Trust's Activities Deemed Broadly Charitable, Not Subject to Section 115BBC Stringency of Income Tax Act. https://www.taxtmi.com/highlights?id=19896 Nature of the activity carried on by Trust - Religious or Charitable - merely because the assessee is not limiting itself to disbursing food medicine, providing shelter etc and is also giving lectures on spirituality was not the kind of assessee contemplated under section 115BBC who was to be visited by the rigours of the said section. - AT Highlights Income Tax Wed, 03 Sep 2014 12:59:39 +0530 https://www.taxtmi.com/highlights?id=19896