Charitable Organization Gains Tax Exemption u/s 11; Profits Deemed Incidental to Charitable Activities.

Charitable Organization Gains Tax Exemption u/s 11; Profits Deemed Incidental to Charitable Activities. https://www.taxtmi.com/highlights?id=20926 Exemption u/s 11 - charitable or not u/s 2(15) – Profit making is not the object of the assesse - Profit is merely a by-product which resulted incidentally in the process of carrying out the charitable purpose - exemption allowed - AT en-us Mon, 08 Dec 2014 09:04:27 +0530 Mon, 08 Dec 2014 09:04:27 +0530 TaxTMI RSS Generator Charitable Organization Gains Tax Exemption u/s 11; Profits Deemed Incidental to Charitable Activities. https://www.taxtmi.com/highlights?id=20926 Exemption u/s 11 - charitable or not u/s 2(15) – Profit making is not the object of the assesse - Profit is merely a by-product which resulted incidentally in the process of carrying out the charitable purpose - exemption allowed - AT Highlights Income Tax Mon, 08 Dec 2014 09:04:27 +0530 https://www.taxtmi.com/highlights?id=20926